Home' FLEXO Magazine : August 2015 Contents Advanced Vision
AUGSBURG, Germany & HOD-HASHA-
RON, Israel—Erhardt+Leimer, a leader
in system solutions and process control
equipment to web based industries and
AVT (Advanced Vision Technology), a
leader in print inspection, print process
control, and quality assurance, have an-
nounced signing and closing of the alliance
agreement between the two companies
that will broaden product portfolios and
strengthen services for customers of both,
including end users and OEMs, through
solutions born of their combined experi-
ence and technological skills.
In a first step, AVT will acquire E+L’s au-
tomatic print inspection solutions and will
assume the responsibility to develop and
manage these solutions for both compa-
nies’ customers in the label and packaging
applications, including the corrugated
segment. In return, E+L will be entitled to
future earnouts and a cash payment as per
the set terms. As part of the agreement,
Dr. Michael Proeller, E+L’s CEO, will be
appointed chairman of AVT’s Advisory
Board and serve as an observer on AVT’s
Board of Directors.
The agreement makes AVT the official
inspection and press control provider for
E+L, including both current products and
ongoing product developments in the print-
ing sector. In the label market, AVT and
E+L will continue to offer both Helios and
Nyscan platforms and support them. In the
future, AVT intends to merge the capabil-
ities of these two platforms and offer both
Nyscan and Helios customers an upgrade
path to this integrated platform for optimal
protection of their initial investment.
Metro Label Acquired by Tapp Label Co.
NAPA, CA—David Bowyer, CEO and owner of Tapp Label Company, LLC, announced the
acquisition of Metro Label, an industry leading label printing company founded in 1974.
Metro Label specializes in high decoration label, shrink sleeve and flexible packaging mar-
kets for the wine, spirits, pharmaceutical, health, beauty and other key industries. Clients are
served throughout the U.S., Canada, Central America and the Caribbean. Metro Label has
received numerous awards for its environmental leadership in the label industry.
This fourth acquisition in less than a year for Tapp Label brings additional capabilities, new
Fortune 500 customers and meets the goal of providing a dynamic East Coast location.
Metro Label’s associates will benefit as a result of the strength of Tapp Label’s structure and
focused investments, which will drive future growth. Customers will benefit due to the ex-
panded capabilities of Tapp Label, in addition to the outstanding quality, responsiveness and
service consistently demonstrated by Metro Label.
Metro Label will continue to be known as Metro Label for Toronto based customers and
Tapp Label for West Coast customers. Tapp Label now operates seven facilities on the East
and West Coasts, employs more than 300 staff and is one of the largest label companies in
DWS Printing Associates Installs Omet X6
Purchased Through Matik
WEST HARTFORD, CT—New York printing company DWS Printing Associates an-
nounced the recent installation of an Omet X6 10-color flexo press purchased through
Celebrating its 150th year in business, DWS was in search of a solution to stay ahead of the
times. The company’s Heidelberg XL 106 8-color UV press, referred to as “The Beast” by
DWS employees, served well for a large portion of the 150 years, but it cannot offer a solu-
tion for every labeling challenge. DWS was in need of something that could increase output
alongside the Heidelberg and, in their words, “take us into the future, allowing us to fulfill
the growing demand for roll fed and shrink sleeve solutions. We are proud to announce the
arrival of our brand new Omet X6 10-color flexo press—which we fondly refer to as ‘Beauty’
—the perfect counterpart.”
The Omet X6 10-color flexo press has several prominent features including, but not limited
to, fully removable inking cassettes, a connection between the MIS system and press through
transparent factory, and the ability to print using only 40-g . (8-oz.) of ink.
Electronics For Imaging to Acquire Matan Digital
FREMONT, CA—Electronics For Imaging, Inc. has acquired privately held Matan Digital
Printers, an award winning provider of innovative technologies for superwide format display
graphics and other industrial printing applications. Matan’s workforce of approximately 70
employees has joined EFI, giving EFI a significant presence in Israel, a center for innovation
in the printing industry.
EFI’s acquisition was an all cash transaction in which EFI paid the shareholders of Matan
approximately $29 million to acquire all of Matan’s outstanding shares. Under the purchase
agreement, EFI also assumed approximately $5 million of Matan’s debt, and deposited $14
million into escrow to serve as security for EFI’s benefit for the indemnification obligations
of the Matan shareholders. Subject to EFI’s claims against the escrow, portions of the escrow
may be released to the sellers in 2017 and 2022.
MEMBERS & MANEUVERS
30 FLEXO | AUGUST 2015
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