Plockmatic Group, developers and manufacturers of document finishing technology, has acquired Intec Printing Solutions Ltd, headquartered in UK, a global supplier of unique equipment solutions for the print and graphic arts markets.
The company is now a wholly owned subsidiary of Plockmatic International AB and part of the Plockmatic Group, which includes Morgana and Watkiss ranges of offline finishing systems. The Swedish firm’s CEO, Jan Marstorp, will continue to head the expanded group of companies.
Commenting on the acquisition, Jan Marstorp said: “Intec are well known in the industry for providing quality products at competitive prices. The ColorCut range of cutting systems have been well received by the market, with sales in the UK, across North America, and many other international territories”.
“These systems are ideal for small to medium sized print-based operations that need to provide professionally cut and finished promotional display boards, boxes, labels and more. This is a sector of the market that has grown rapidly in recent years, and one that Plockmatic is keen to further explore and expand”.
“We also see a good match for these products with our large OEM customers who provide printers. These products will enable more applications and allow them to grow further into the light packaging and labelling market segment”.
With regard as to how these products fit within the current range, Ray Hillhouse, VP Sales & Marketing for Plockmatic’s Offline Business Unit adds: “Our UK Morgana sales team have enjoyed considerable success with the Valiani range of large format finishing systems in recent years. We see the ColorCut suite of products complementing these in the UK and providing a terrific opportunity in this expanding market segment for our international dealerships worldwide”.
Ian Melville, founder of Intec business back in 1989 said, “As the owner of a successful business there comes a time when the question of where the business goes after I’m gone has to be posed. The sale of the business to Plockmatic has come at a good time for me, for Intec Printing Solutions, and for my fantastic team. This transaction will give me the opportunity to spend more time on several charitable projects that I have been involved with, as well as enjoying some well-earned holiday time. For the business and the staff, it will provide the solid backing from a successful international manufacturer”.
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