Etipol returns in new ownership triangle

Danish semi-rotary press specialist Etipol A/S, has been rescued from liquidation by a consortium of major industry players including Nilpeter’s Lars Eriksen.

Dan-Mekano A/S in Roedovre, Denmark, has taken over the ownership and the name of Etipol A/S, based in Taastrup, Denmark. Simultaneously Jes Hilfling, Ib Grnbjerg - founder of Dan-Mekano A/S - and Lars Eriksen, president and owner of Nilpeter A/S, have taken over one third each of the shares of Dan-Mekano, and thereby also of Etipol A/S, which now forms a new legal entity. The management team will now consist of Jes Hilfling as managing director and Ib Grnbjerg as technical director. Both will be members of the Board, of which Lars Eriksen will be chairman. Comments Lars Eriksen, ‘Etipol’s product program consisting of intermittent letter- and offset presses, the Combi models, fits very well into the trend of ever smaller runs in the label industry, and forms a perfect complement to the full rotary presses from Nilpeter.’ Says Ib Grnbjerg, ‘Coming from Dan-Mekano’s background of specialised, tailored solutions, and combining this with a line of standardised presses, we stand much stronger in the more and more competitive, globalised market. Supply of spare parts and service together with the manufacturing of new machines have been started, and we are looking forward to continuing our co-operation with all former and present partners within our new "partnership" of Etipol A/S.’