Xsys, a specialist in flexographic printing consumables, has finalized the acquisition of MacDermid Graphics Solutions (MGS) from Element Solutions, an acquisition announced last September. The new entity has consolidated sales of 370 million euros and 850 employees worldwide.
An expanded product portfolio for a complete offering
The integration of American MGS enables Willstätt, Germany-based Xsys to offer a complete range of flexographic plates with the Nyloflex or Nyloprint from the merger of Flint and Xeikon Prepress lUX ITP photopolymer plates and plates from MacDermid's Digital range. It thus strengthens the Group's ability to meet the needs of flexo packaging printers on flexible substrates, cardboard and labels.
In addition to consumables, the Xsys range includes Rotec sleeves, prepress equipment and Thermoflexx and Catena imagers.
Both groups "highly complementary geographic footprints and product portfolios, which will enhance product offerings and services" of Xsys, while fostering innovations to serve customers even better", said Alexander Unterschütz, Xsys CEO, when announcing the deal.