Narrow Web Europe

Stork Prints sold

January 16, 2008

Stork Prints sold
to equity firm
The takeover of Stork Prints Group by fellow Dutch company Bencis Capital Partners means that most of the major international prepress suppliers have given up their independence to become part of largely anonymous investment companies (EskoArtwork is an obvious example). In effect it is an evolutionary development, following the large number of mergers and acquisitions of the 1990s that saw many smaller prepress companies become part of larger international groups.
The degree to which the current international banking crisis will cramp the style of the new masters is another matter entirely.
In respect of Stork Prints, approximately 1,350 employees are involved in the takeover. Bencis says there will be “no negative consequences for current employment levels”. Stork Prints had a total turnover of €186 million ($273 million) in 2006. It was part of Stork NV, a global technology group comprising 60 companies.
Dick Joustra, president, says the day-to-day running of the company will continue as usual. That means Stork will continue to manufacture rotary screen technology, direct laser engraving systems and consumable products under its current name and with the existing management. The deal includes Stork’s affiliated company, AKL Flexotechnik GmbH. It makes flexo consumable products, including conventional sleeves for plate mounting, seamless-endless photopolymer printing formes and Optiflex thin sleeve and adapter technology.
blog comments powered by Disqus
  • Rewinds & Unwinds

    Rewinds & Unwinds

    Greg Hrinya, Associate Editor||April 8, 2016
    Suppliers develop new ways to handle automation, faster speeds and tension control.

  • Printing Cold Foil on Shrink Sleeves

    Printing Cold Foil on Shrink Sleeves

    Tom Brough and Andrew Wasserman||January 25, 2016
    A how-to guide for creating metallic effects in 360-degree coverage.

  • Companies To WATCH

    Companies To WATCH

    October 13, 2015
    Companies to Watch is a special feature of Label & Narrow Web that focuses on a select group of converters who are making noteworthy contributions to the health of the industry.