Breaking News

Mohawk Fine Papers to buy Bravo Solutions

June 22, 2011

Bravo is a supplier of specialty synthetic and paper substrates for digital printing.

Mohawk Fine Papers Inc., Cohoes, NY, USA, has announced that it has signed a non-binding letter of intent to buy the business of Bravo Solutions, Inc. of Elmira, NY.

Bravo is a supplier of specialty synthetic and paper substrates for digital printing. The acquisition will include all brands and certain assets, including manufacturing capacity for converted products, which will remain in Elmira.

Bravo substrates are designed and engineered for both toner and wet-ink printing systems. Mohawk plans to fully integrate the Bravo portfolio, including pressure sensitive, synthetic substrates, integrated products, embedded card sheets and magnetic materials, into the existing Mohawk digital product offering creating the most extensive portfolio of digital substrates in the world.

According to Thomas D. O'Connor, Jr., Mohawk's chairman and CEO, "An acquisition of Bravo will be a strategic opportunity for Mohawk and its customers. We are committed to expanding our offerings to the growing digital print market. These premium substrates represent high value, high volume opportunities for printers, merchants and their customers."

Following the acquisition, Ray Mahar, founder of Bravo, will join Mohawk as director of sales, Digital Specialty Substrates. In this new position, he will be responsible for business development and sales for both the current Bravo line and an expanded portfolio being developed by Mohawk.

"I would be extremely pleased to join the Mohawk team," says Mahar. "This venture will provide an expanded distribution network for Bravo products, as well as a platform to bring new application-specific products to digital printers that will enable them to leverage their investment in technology and grow their businesses."

The companies are working together to agree on definitive purchase documentation as quickly as possible so as to smoothly transition sales of all products to Mohawk by early third quarter.
blog comments powered by Disqus
  • New press debuts at Gallus Innovation Days

    New press debuts at Gallus Innovation Days

    Greg Hrinya, Associate Editor||September 26, 2016
    The Gallus Labelmaster capitalizes on expertise from parent company Heidelberg, building on the Speedmaster offset platform.

  • EskoWorld 2016 provides drupa report

    Greg Hrinya, Associate Editor||September 22, 2016
    “Digital was a very clear and striving theme across drupa, and more specifically inkjet,” said Jan de Roeck

  • Dollars and sense at Labelexpo

    Dollars and sense at Labelexpo

    Steve Katz, Editor||September 20, 2016
    Suppliers seem aware of the crowded digital press marketplace and the trepidation of the cost-concious first time buyer.

  • Getting Educated at Labelexpo

    Getting Educated at Labelexpo

    Steve Katz, Editor||September 7, 2016
    With a wide range of presentations, expert-led master classes and machinery demonstrations, there is no shortage of learning

  • Drupa 2016 a ‘resounding success’

    Drupa 2016 a ‘resounding success’

    Steve Katz, Editor||July 15, 2016
    The label industry was well-represented as visitors showed strong interest in the latest printing technologies.

  • Promotional Labels

    Promotional Labels

    Greg Hrinya, Associate Editor||July 15, 2016
    This ‘louder’ label announces new products, pricing, discounts, giveaways and more.