Mark Andy: ‘Exciting time in our history’

An investment group formed by P.J. Desai, Mark Andy's former chief executive officer (CEO), and the current management team completed the purchase of Mark Andy from American Industrial Partners Capital Fund IV in August.

At the time, current CEO Kevin Wilken (pictured) said: ‘The management team is very excited to work once again with P.J. Desai and to be part of the ownership of such a great company. We have exceptional customers, market-leading products and services that drive improved profitability for our customers, and we have great people that love the industry and take great pride in their work. The combination of dedicated owner-managers and P.J.'s expertise and strategic thinking will continue driving Mark Andy’s success and long-term growth strategy.’

Speaking during a briefing on the second day of Labelexpo Americas 2014, Wilken added: ‘This is a great time in Mark Andy’s history. The new ownership provides stability that will allow us to continue to grow and expand our presence as a “Total Solutions Partner”.’

He referred directly in this instance to Mark Andy Print Products and other products and technologies up and down the narrow web supply chain which the company offers to the market through a single source.

This includes its Digital Series hybrid inkjet/flexo press, launched and demonstrated at Labelexpo Americas 2014, and the Versa Max flexible packaging press, of which four are now installed worldwide.

Wilken also thanked the previous owners for allowing Mark Andy to grow in important areas, such as the introduction of Mark Andy Print Products.

Steve Schulte, Mark Andy vice-president of sales and marketing, reiterated Wilken’s sentiments, and said: ‘I am very excited for the future. The developments at Mark Andy at a corporate level are good for us as a company but also the industry as a whole as it provides stability and enables us to action long-term strategies to develop technologies and applications.’