GlassOnWeb.com - Glass News - Heidelberg Acquires High-Performance Coating Manufacturer
 
 HOME   DIRECTORY   NEWS   ARTICLES   BUSINESS AREA   FORUM    JOBS  
 
Sign-in | Registration
  »  Home  »  News  »  Heidelberg Acquires High-Performance Coating Manufacturer
 
 
   CONTRIBUTE
Submit your news
Submitted news

   NEWS ARCHIVES
2013
May
April
March
February
January
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001



GLASS ON WEB - news feed
 
  News


Companies
Heidelberg Acquires High-Performance Coating Manufacturer

- Hi-Tech Coatings products expand Heidelberg consumables portfolio

- Heidelberg consumables go under the name “Saphira” Heidelberger

Druckmaschinen AG (Heidelberg)(FWB:HDD) is taking over the high-performance coating manufacturer Hi-Tech Coatings based in the U.K. and the Netherlands. This move will enable Heidelberg to add the manufacture and sale of high-performance coatings for the production of printed materials and packaging to its solutions portfolio for consumables. Based in Aylesbury in the U.K. and Zwaag in the Netherlands, Hi-Tech Coatings develops and produces over 1,000 environmentally-friendly products and formulations for the print media industry, primarily water- and UV-based coatings.

“By acquiring Hi-Tech Coatings, Heidelberg is pursuing its consistent strategy of expanding the range of services available to our customers,” stated Heidelberg CEO Bernhard Schreier. “Using high-performance consumables on our machines makes customers more efficient and enables us to achieve margins that are not tied to economic cycles,” he added. Heidelberg has been successfully selling the print coatings of the newly-acquired company for a number of years in the U.K., China, and parts of Eastern Europe. The global Heidelberg sales network will in future provide Hi-Tech Coatings with an international platform for expanding its operations.

Hi-Tech Coatings was founded in 1993 and was owned by the management team. The company sells its products worldwide via dealers and licensees, focusing today most strongly on Britain and Eastern Europe. In 2007, Hi-Tech Coatings achieved sales of around EUR 25 million.

“We have long been aware of how important the link to presses and the printing process is. This makes it a logical step to merge Hi-Tech Coatings and Heidelberg,” stressed Hi-Tech Coatings Managing Director Paul Bass. “Coatings play a key role in the graphic arts industry. The enhanced durability of coated products and ongoing improvements in terms of esthetics make a major contribution to increasing printshop productivity,” he continued.

The acquisition is still subject to the scrutiny of the German anti-trust authority, but the deal will go through as soon as the necessary approval has been obtained. Both parties have agreed not to disclose the conditions of the acquisition.

Heidelberg consumables go under the name “Saphira”

The name “Saphira” represents a broad portfolio of high-quality consumables suitable for standard print jobs, special applications, and all production requirements in prepress, press, and postpress. All consumables bearing the name Saphira have been specifically optimized and tested for use in Heidelberg solutions. They help the user benefit from the full range of functions supported by the equipment and ensure first-class print results. Saphira products also meet all industry standards on environmental protection and make a real contribution to safeguarding the customer’s investment in his equipment. In addition to Saphira products, Heidelberg also offers consumables from other suppliers under their own brand names.

Heidelberg actively expands sale of consumables

At the end of 2007, Heidelberg took over the sales activities of consumables supplier Stielund & Taekker in Denmark and Sweden, together with around 35 employees.

Heidelberg is looking to become the number one company in the sale of consumables in the print media industry in the Nordic and Baltic countries.

Contacts
Heidelberger Druckmaschinen AG
Thomas Fichtl, Corporate Communications
Phone: +49 (0)6221 92 4747
E-mail: thomas.fichtl@heidelberg.com




May 20th, 2008
Photo: Heidelberger Druckmaschinen AG
Source: Heidelberger Druckmaschinen AG


Print this article  Printer friendly version Send this article to a friend  Send to a Friend


Share on :   facebook  twitter  google  yahoo  linkedin  delicious  digg  mixx  stumbleupon   email



Add a Comment

You have to be registered in order to add your comment.
If you already have an account, please sign-in to comment.




Latest news
May-22-13
Lisec at China Glass Expo 2013
May-22-13
Glassolutions enhances sustainability credentials with Life Cycle Assessments
May-22-13
Final call for GPD Finland 2013
May-22-13
Dip-Tech at China Glass 2013, Beijing
May-22-13
Glazing for Educational Institutions – SGG Envision
May-22-13
Heye at Glassman in Warsaw
May-22-13
Corning Lotus™ XT Glass Selected for Tianma’s LTPS Line
May-22-13
Diamon-Fusion International (DFI) and IGE Glass Technologies Form New Partnership
May-22-13
Global Construction Industry: Market Trends, Size, Share, Growth, Analysis And Forecast Report 2013 - 2014 Available at ResearchMoz.us
May-22-13
MIT Glass Lab: Where art meets science






ADVERTISING

The emissions produced by our servers are offset by renewable energy projects that reduce the use of fossil fuels. These projects are verified by The Voluntary Carbon Standard.