Product category:
Coding and Marking Systems
News Release from: Domino Printing Sciences plc
Edited by the Printingtalk Editorial
Team on 29 November 2006
Domino Acquires Thermal Transfer Coding
Experts
Domino Printing Sciences has acquired 100 per cent of the equity in Easyprint from Easyprint Holding and Vald Nielsen and Son Export.
Domino Printing Sciences has acquired 100 per cent of the equity in Easyprint from Easyprint Holding and Vald Nielsen and Son Export Easyprint, based in Karlslunde (Denmark) specialises in the design, manufacture and distribution of thermal transfer overcoding (TTO) equipment
This article was originally published on Printingtalk on 26 Feb 2003 at 8.00am (UK)
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The value of net assets acquired is approximately DKr 2 million.
Nigel Bond, group managing director of Domino Printing Sciences, commented: "We are pleased to welcome Easyprint to Domino.
Easyprint has a superior range of thermal transfer printing equipment, which will be marketed globally through a combination of existing Easyprint distribution channels and Domino's own strong global sales and support network." He added: "This purchase, together with the recently announced acquisition of Mectec Elektronik, further enhances Domino's range of coding and marking products, enabling us to better satisfy the requirements of our extensive global customer base.
Combined sales of Mectec and Easyprint in the 12 months prior to acquisition are the equivalent of approximately GBP8m." Bond continued: "Both Easyprint and Mectec stood out as businesses that best support our objective of having a range of superior, highly-reliable industry-leading products.
We are delighted that the management teams and employees of both companies are staying on with their respective businesses to help us realise the full potential of these acquisitions.".
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