RotoMetrics announces acquisition of MLC in Brazil

Said Robert Spiller, president and CEO of RotoMetrics, 'MLC offers the opportunity for RotoMetrics to better serve Latin American customers from a strong operating platform strategically located in the region. We are thrilled that MLC has joined the RotoMetrics family.'

Manoel Correa, MLC co-founder, and Robson Lopes Paula, the son of co-founder Jose Vicentino de Paula, will continue to lead the local business with the support of their management team.

Correa said, 'We look forward to combining our strong manufacturing foundation with RotoMetrics' leading technology to enhance our customer solutions offerings in both the label industry and precision converting applications. Converters will see an expanded portfolio of products produced in Sao Paulo in the coming months.'

Molly Moroni, director of sales at RotoMetrics, explained, 'MLC has a pristine facility and offers a high level of quality and safety. It makes perfect sense to join forces since we share the same core values.

'We expect a smooth transition and will continue to deliver best in class tooling to the marketplace with local service and greater momentum. We recognize Brazil as an important market, and are pleased to be able to support its needs as demand continues to increase. Additionally, the move alleviates expensive import duties, which were a real barrier to serving the marketplace.'

The company plans to release the Accu-Series of flexible dies to the Brazilian market within 12 months. The move also makes the die supplier the largest in the country.

Jorge Suarez, RotoMetrics Latin America sales manager, said, 'This is a nice opportunity for MLC to expand outside of Brazil and service the rest of the Latin America. '