Finishing equipment manufacturer AB Graphic International has joined forces with Kocher+Beck, producer of precision cutting and printing tools, to acquire the Spanish labeling, converting and packaging equipment manufacturer Enprom Packaging.
This new strategic alliance, between well-established manufacturing and business partners, represents a major growth opportunity, according to Mike Burton, managing director and owner of ABG International. ‘ABG International and Kocher+Beck are successful, family-led businesses, which are well-established in the world of narrow web and converting,’ he said. ‘We have worked successfully together for many years and we are confident that the time is right to lay the foundations of future growth by taking this important step together.
‘Acquiring Enprom offers an exciting opportunity for us to strengthen and expand our offerings in web-based processing and will allow us to enter into new market segments, with reduced risk.’
Lars Beck, CEO and owner of Kocher+Beck, added: ‘I am impressed by the skills and experience of the Enprom team, which will help to speed up and streamline the development of the next generation of winding equipment.
‘At the same time, shared structures, synergies and a worldwide network of distribution partners will help all three businesses to be faster to market.’
Enprom, founded in 2012, is headquartered in Girona, near Barcelona. Its product range includes equipment for shrink sleeve converting, slitting and rewinding, label finishing, coating and lamination and hybrid converting.