Vacuumatic Restructures, Expands in Germany

The Vacuumatic Group, in operation for over 70 years, has announced a restructuring programme involving the closure of its headquarters at Colchester in the UK, and the transfer of production to its former sales and service subsidiary in Germany.

Vacuumatic was founded in 1951 to produce a paper counting machine from a Swedish patented design that had been purchased by Portals. Since then, it has become a major supplier of solutions around banknote counting, web marking, paper processing, converting, batching and feeding. In addition to the German subsidiary, set up in 1966, it has a network of distributors around the world.

The UK head office and main manufacturing site has now gone into liquidation, a casualty of massive price increases for energy and raw materials as a result of the global upheavals caused by the war in Ukraine, the long-term consequences of Brexit as well as the pandemic.