Tecnau Acquires Lasermax Roll Systems
Friday, June 24, 2011
Press release from the issuing company
Ivrea, Italy / Ljungby, Sweden – Tecnau today acquired all the business operations and assets of Lasermax Roll Systems. The acquisition expands the product portfolios available from each company and strengthens their global market presence with a unique combination of paper handling, processing and document finishing solutions for digital print production.
Tecnau and Lasermax Roll Systems have highly complementary product portfolios and geographic market strengths. Customers will now have access to complete paper processing and finishing solutions through one supplier able to serve both transactional and general commercial print/graphic arts requirements. The combined product lines will feature: unwinders, rewinders, fan-folders, guillotine and rotary cutters, stackers, perforating systems, book and booklet making systems, as well as print image inspection and production control systems.
The companies will maintain separate operations retaining their current management teams – Lasermax Roll Systems will continue its sites in both Sweden and the US. Tecnau will continue its operation in Italy.
"There is such a great fit between the two companies that we feel like natural partners", said Giuliano De Marco, Chief Executive Officer of Tecnau. "Together, we will take a step forward with our ability to bring to the market innovative solutions. Plus, the acquisition will enable Tecnau to strengthen its presence in the US market with key products sold through Lasermax Roll Systems."
"Perhaps the single most exciting aspect of this outcome is the combination of complementary products that fortifies our value proposition to our customers, and reaffirms our industry role as the 'essential partner to print', said Bill Carroll, President and CEO of Lasermax Roll Systems.
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