Both these individual transactions were signed towards the end of 2011 under conditions that all the involved parties agreed to keep confidential.
These strategic acquisitions are in line with Xeikon’s segment strategy to introduce a new product line for its CtP business and to be a leading digital solutions provider in the flexographic market. Xeikon will be expanding its sales, marketing and service teams worldwide to further these objectives. Martin Rasenberge, CEO of Flexolaser, says, “Xeikon has all the trump cards to continue the success of Flexolaser: knowledge of the labels and packaging markets, strong R&D, Lean and experienced CtP manufacturing facilities in Ieper, and, most of all, a clear dedication to grow.”
According to Wim Maes, CEO of Xeikon, “Xeikon’s strategy is to build a strong position in the label and packaging markets by offering printing solutions and the related supplies. We have been manufacturing industry-leading digital label presses and CtP solutions for more than 15 years. With flexo CtP we will be able to further expand our customer base and offer them unique solutions for both digital and flexo printing.”