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FMN | January 7th, 2019
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RECOMMEND FLIP-BOOKS
An N.V. Publication FLEX
January 7, 2019
Vol. 21 No. 1
Market News
®
Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com
Host Of Acquisitions Ring In New Year by Greg Kishbaugh TT he new year has begun with several key industry acquisi- tions. Fortis Solutions Group LLC, a portfolio company of Main Post Partners, has acquired Infinite Packaging Group, Inc., a portfolio company of Svoboda Capital Partners LLC. Infinite, with facilities in Lewisville,Texas, and Catoosa, Okla- homa, is a full-service converter of label products, including pressure sensitive labels, shrink sleeves and complementary
Retail Trends To Shift In 2019
In 2019, the retail market will be defined by emerging technologies that change the way consumers in- teract with their favorite brands, a shift in preferences, and the emer- gence of new battle lines for e-com- merce, according to Himadri Buch, in an article for Moneycontrol.com . A comprehensive understanding of the changing retail market is of paramount importance for packag- ing designers, providers and con- ver ter s as they help their CPG partners in facing each new chal- lenge and opportunity. As we move toward 2019, here are some of the key developments that have been predicted to reshape the retail industry: Experiential Retail Experiential retail draws the focus to a customer-centric approach where the customer is able to inter- act with product or brand rather than being a passive participant. As consumers choose to invest in experiences rather than products,
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products and services. Infinite reportedly serves a diverse group of clients in several consumer vertical markets includ- ing consumer products, retail, food and beverage, nutraceuti- cals and health and beauty. In addition, the company has developed a specialized line of products and solutions for e- commerce sales. Infinite CEO Lynn Higgs will reportedly remain in place at the organization.
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Omet Plans Open House In Italy
Omet has scheduled an Open House on January 24- 25. The “Omet Hybrid Experience” Open House will focus on the opportunities offered by hybrid digital printing technology in the label market. The event will be held in the new Omet Drome, lo- cated in Molteno, Italy, where guests will have the op- portunity to see the hybrid printing performances of new Omet XJet powered by Durst and to attend spe- cial live demonstration on the iFLEX, set up in a hy- brid curing configuration with UV and UV LED. Standwill Packaging In other news, Standwill Packaging in Long Island, New York, has invested in a Durst Tau 330 RSC UV inkjet digital label press. The agreement through Durst strategic partner Omet America will reportedly enable Standwill Pack- aging to re-engineer its flexo print production and in- crease efficiencies, as well as open up new business opportunities. Standwill Packaging has been servic- ing the cosmetic industry for more than 40 years. It specializes in cosmetic, personal care and beauty la- bels and packaging products.
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Flexo Market News January 7, 2019 3
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Durst, Koenig & Bauer Enter Joint Venture
Durst, a manufacturer of advanced digital printing and production technologies, has entered into a 50/50 joint venture with printing press manufacturer Koenig & Bauer for the joint development and mar- keting of single-pass digital printing systems for fold- ing carton and cartonboard corrugated industry. As a leader in inkjet printing, Durst hopes to bundle its exper tise with the market presence and renowned mechanical engineering of the Koenig & Bauer Group, which, with more than 5,700 employ- ees, is one of the world’s major suppliers of packag- ing and banknote printing. In the future, fully automated production lines will be developed in the joint venture and distributed worldwide. The new partner company will be based in Germany and will also manage the service and ink business in close cooperation with the global net- work of both companies. Rotometrics Expands Into China RotoMetrics has opened a repair facility and con- verting technology center in Suzhou, China.The cen- ter is equipped to repair RD300 solid dies.
With this resource in China, RotoMetrics said it will be able to evaluate specific requirements to convert label materials, carry out fast investigations of cus- tomer concerns, and also carry out repairs on magnet- ic cylinders and anvils without the need to go through lengthy and difficult export and import procedures. “Globally, Rotometrics repairs more than 30,000 solid dies each year, mainly in North America and Eu- rope,” said Paul McKay, General Manager for Asia,“and we look forward to adding significantly to that num- ber with this new facility that will allow us to grow our business here in China.” Paul McKay ( center ) and the Rotometrics China team celebrate the official opening of the new facili- ty in Suzhou.
4 January 7, 2019 Flexo Market News
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In other acquisition news, PPC Flexible Packaging, LLC, a provider of custom flexible packaging for spe- cialty food and healthcare markets, has acquired Payson, Utah–based Temkin International. PPC, headquartered in Buffalo Grove, Illinois, is a f lexographic printing and converting of f lexible films, bags and pouches. PPC is reportedly a pioneer in cleanroom packaging for healthcare and medical applications, “better for you” snack organic brands, produce, pet food and bakery. The firm operates three manufacturing facilities in Buffalo Grove, Illi- nois, Mission, Kansas, and Rome, Georgia. Its facilities are SQF and ISO-9001 certified. The company was founded in 1968.
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Fortis employs more than 550 employees across 12 sites.The company said it intends to continue its pur- suit of attractive acquisitions to further the breadth of product offerings and locations which can serve its customer base.
Delivering product offerings utilizing flexographic, offset and digital printing capabilities, Fortis offerings include pressure sensitive and shrink sleeve labels, extended booklet printing, folding cartons, variable >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16
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