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FLEXO Magazine : February 2010
Great flexo printing can be a puzzling process. Equipment, materials, software and support have to fit together just right for consistent, repeatable, high- definition flexo. Only one company offers everything you need for great flexo printing, including the finest training and support, plus almost 50 years of experi- ence. We are Anderson & Vreeland. Let us consult and train your staff on process improvements that will help your bottom line while ad- vancing your print quality. A LOT OF COMPANIES OFFER GREAT FLEXO PRODUCTS. Toll-free: 866.282.7697 • Toll-free Fax: 800.223.6869 www.AndersonVreeland.com • E-mail: info@AndVre.com Only one brings them all together with training, support and almost 50 years of flexo experience. See us at INFO*FLEX booth 513-519 www.flexography.org FEBRUARY 2010 FLEXO 21 Cadbury Agrees to Kraft Buyout After many months of resistance, Cadbury has finally accepted a sweet- ened $19.5 billion takeover from Kraft Foods Inc. to form the world's biggest candy company. Just days after Cadbury declared its suitor a "low growth" com- pany with a "long history of underperfor- mance," the British maker of Dairy Milk chocolates and Dentyne gum capitulated to a raised bid of $13.78 per share. The deal, comprising $8.15 cash and 0.1874 new Kraft shares for each Cad- bury share, is a 9 percent premium to its previous $12.55 offer and 50 percent higher than Cadbury 's market value before Kraft, based in Northfield, IL, went public with its approach in September. The combination of the pair will create the world's biggest confectionary company, replacing Mars Inc., and Kraft CEO Irene Rosenfeld said the deal provides "both immediate value certainty and upside potential" as she tried to appease con- cerns about the loss of Cadbury 's iconic status. The deal, one of the largest transnational takeovers since the credit crunch, is further sign that food companies are seek- ing to gain scale by combining, after Mars bought William Wrigley Jr. Co. in 2008 for $23 billion. A Kraft-Cadbury combination will create a portfolio with more than 40 confectionary brands, each with annual sales in excess of $100 million. Mark Andy Purchases Arpeco Arpeco, the popular line of U.S. made inspection rewind equipment, has been acquired by Mark Andy Inc. The brand was purchased as part of an ongoing plan to further develop Rotoflex market segments and expand its position globally. Ken Daming, business unit manager for Rotoflex said, "Arpeco is a star among inspection rewind products, and the acquisition complements our global growth plans. We couldn't be more pleased to bring a quality product line into the Rotoflex family." In the merging of the brands, Arpeco sales and engineer- ing will be consolidated into the existing Rotoflex office in Mississauga, ON, Canada. MAX, the customer service and support team supporting all Mark Andy Inc. brands will be responsible for the sales of Arpeco-certified parts as well as the service of existing installations. Daming will remain dedi- cated business unit manager for Rotoflex and all inspection rewinder business held by Mark Andy. INDUSTRY INDICATORS PRESSING ISSUES