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FLEXO Magazine : January 2014
INDUSTRY INDICATORS InfoTrends Assesses Brand Owner Expectations in Europe WEYMOUTH, MA—Based on a survey of 250 brand own- ers in food, beverage, health and beauty and other vertical industries, as well as 100 packaging and label converters that serve such companies, brand owners in Europe expect their printing of short runs of folding cartons, flexible packaging and labels will all grow over the next two years—on average from 27 percent to 32 percent, depending on application. Some 25 percent expect short run package volume will grow by 50 percent or more. InfoTrends reports that key fining and others in its recently completed study, Packaging and the Brand Owner: Europe. n Betram Capital Acquires Maxcess International SAN MATEO, CA—Bertram Capital announced its acquisition of Maxcess International Holding Corp., a leading global pro- vider of guiding, winding, slitting and tension control systems for web fed converting applications. Headquartered in Okla- homa City, OK, Maxcess marks Bertram’s fifth transaction in the plastic processing industry and second investment in the web handling equipment industry following the 2012 acquisi- tion of Webex, Inc. “ Maxcess has established a world class brand and distinguished itself as a technology leader in the converting industry for a wide range of applications including paper, film, flexible packaging, non wovens and metals,” said Kevin Yamashita, a partner at Bertram Capital. “ T he union between Maxcess and Webex creates a company that is uniquely positioned for growth and unmatched in its combined product portfolios, design capabilities, manufacturing expertise and long standing customer relationships. ” Greg Jehlik, CEO of Maxcess, commented, “We are thrilled to partner with Webex and Bertram Capital to achieve our shared vision of accelerating the growth of Maxcess’ innova- tive technologies. This combination will further enhance our ability to fulfill our global strategy of providing a breadth of products and solutions which solve our customers’ entire web handling application needs.” The merged entity will be led by a management team com- prised of leaders from both companies. In the merged entity Gary Edwards will assume the position of Chairman; Greg Jehlik, CEO; Dave Hawkins, CFO and Doug Knudtson, COO. n Packaging Companies Unite Under Global Brand Coveris CHICAGO, IL—Coveris High Performance Packaging is the new name for Exopack Holdings S.A ., formed in May of 2013 by the combination of five leading packaging com- panies in North America and Europe—Britton Group (U.K.), Kobusch (Germany), PACCOR (Germany), Exopack (U.S.) and Paragon Print & Packaging (U.K .). Coveris is the sixth largest global plastics packaging com- pany, with revenues in excess of $2.5 billion and operations in 21 countries. The company, an affiliated portfolio company of Sun Capital Partners, Inc., produces flexible and rigid plastic and paper packaging, as well as advanced coatings for cus- tomers around the world. Since combining, the companies that now comprise Coveris, have integrated back office functions and have made new investments to strengthen the company ’s IT infrastructure. n KBA North America: Exclusive Distributor for KBA-Flexotecnica DALLAS, TX—KBA North America announced that it has been named the North American exclusive distributor for its newly acquired Italian flexible packaging press manufacturer Flexotecnica by its parent company, Koenig & Bauer and its new subsidiary, KBA-Flexotecnica. KBA-Flexotecnica will be run by Flexotecnica’s previous managing director, Claudio Bisogni. The distributorship began Jan. 1 . KBA-Flexotecnica develops, builds, distributes and services central impression flexographic presses for printing on flexi- ble packaging materials. It specializes in the manufacture of reel to reel flexo printing presses from a minimum print width of 24 in. (600 mm.) to 126 in. (3,200 mm.), both with central impression drum or with independent impression rollers (special stack version), from one to 12 printing elements, suit- able for printing all flexible materials used for the packaging industry, as well as paper and cardboard. n 10 FLEXO JANUARY 2014 www.flexography.org PRESSING ISSUES