Breaking News

Flytec is acquired

July 18, 2006

Flytec is acquired
by AB Graphic Int’l.
AB Graphic International Ltd., of Bridlington, England, has acquired Flytec Spezialmaschinen GmbH, a German manufacturer of label applicators, dispensers and converting equipment. The acquisition includes the assets and entire Flytec product range.
“The acquisition is a natural and progressive fit for us,” says Mike Burton, managing director of AB Graphic International. “We have worked with Flytec for a number of years incorporating their optical vision inspection systems on our slitter/rewinders. The product range enables us to broaden its offerings and service support without any real product overlap and provides a complementary situation.”
The new company will be renamed AB Graphic International GmbH and will maintain its facility in Baesweiler, Germany, and will be headed by former owner Michael Leidgschwendner. Flytec manufactures pharmaceutical label inspection, label dispensers/applicators, booklet insertion machines, and vision camera inspection systems. The company has traded primarily in Germany and the Benelux countries.