Press Release Statement:
Following the acquisition of Cadtek Systems in March 2016, this statement provides an insight to how the entities of Solid Solutions Management and Cadtek Systems will operate.
Both entities have common shareholders, namely Alan Sampson, Simon Turner and the Business Growth Fund (BGF) and will operate on a level footing, receiving equal financial support and ongoing investment.
Now forming Solid Solutions Group, both Solid Solutions Management and Cadtek Systems will continue to operate and compete as independent entities, both with their own unique ways of conducting business which has made them equally successful over the last 25 years.
Each of these companies has a unique heritage, its own customer service approach and independent sales teams. The acquisition of Cadtek has increased the scope and appeal of the services that both companies can offer to their respective customer bases.
Certain rationalisation has happened across the businesses with regard to systems, training and manufacturing software, to provide greater efficiencies and a better service to customers.
In terms of product training, customers of either Solid Solutions Management or Cadtek will have the benefit from using each other’s training venues which totals 18 across the UK and Ireland giving improved frequency, choice and convenience.
There is also a Manufacturing software function which sells and supports Computer Aided Manufacturing software such as SolidCAM, Sigmanest and Swood, to both Solid Solutions Management and Cadtek customers.
With regard to the technical support functions of Solid Solutions Management and Cadtek, these will be quite separate and will be fulfilled by the technical staff of each respective company.
SOLIDWORKS is used by more than three million product designers and engineers worldwide and by over 230,000 individual companies.
The entities of Solid Solutions Management and Cadtek Systems generate an annual turnover of £30M, employ 150 people and represent over 60% of the SOLIDWORKS market share across UK & Ireland.
Solid Solutions Group