In January 2008 the IPTE Group in Gent, Belgium, has acquired the majority of company shares of Platzgummmer GmbH.

In the division of Factory Automation, IPTE since 10 years has proven itself to be a reliable, quality supplier of engineering solutions for today's manufacturing automation with projects all over the world. It is our goal to deliver turnkey automated solutions for the production and test of PCB's and final products.

The strength of the IPTE concept lies in the supply of these turnkey solutions with optimal integration, interfacing and software: from the autonomous cell to full automated production and test lines.

Founded in Belgium in 1992, the company is publicly traded on Euronext Brussels.