Mark Andy, A Dover Corporation Company, Acquires Comco
Press release from the issuing company
4/3/01 - Mark Andy Inc., a Dover Corporation (NYSE:DOV) company, part of the Dover Diversified segment, has acquired Comco, a global supplier of narrow and mid-web flexographic printing presses. Mark Andy, the world’s number one producer of narrow web printing equipment, will continue to market and support both Mark Andy and Comco as the two leading brands in the industry.
“The acquisition of Comco provides Mark Andy with an exceptional strategic growth opportunity in flexible packaging and folding carton applications,” says John Eulich, President of Mark Andy. “Together, Mark Andy and Comco will bring a variety of complimentary innovations, solutions and technologies that will deliver the level of equipment and service converters are demanding in today’s environment.”
Comco, lead by founder and President Mark Herrmann, has been designing and building quality narrow web presses since 1969. Of the acquisition, Mark Herrmann states, “Over the past few years, Comco has successfully refocused its strategy to concentrate on the folding carton and flexible packaging markets with the MSP Pro Glide press line. These achievements, combined with Mark Andy’s history of developing and supplying narrow web flexographic presses to the tag and label markets, will create a new level of synergy that benefits the whole industry.”
The Mark Andy and Comco sales and marketing organizations will unite to bring together the top industry experts in support of converters of folding cartons, flexible packaging and tag & labels.
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