Mark Andy will acquire Presstek, a global supplier of DI direct imaging offset plates and presses and CTP solutions.
Presstek’s team of more than 60 technical professionals will be integrated within Mark Andy’s service infrastructure. Certified technicians will support equipment service for brands such as Presstek, ABDick, Ryobi, Heidelberg, Xerox, KBA, Epson and more.
Mark Andy and Presstek have maintained a strong partnership over the years, with Mark Andy Print Products (MAPP) fulfilling all orders in North America for Presstek DI and CTP products. Integrating Presstek’s sales and service teams within MAPP benefit Presstek’s existing customers through improved market coverage, extensive parts inventory, enhanced service resources, single point of invoicing and faster response times.
“Presstek’s DI plates and equipment and CTP solutions are well-respected throughout the industry, and I am happy to welcome the Presstek employees and products into the Mark Andy family,” Mark Andy CEO Kevin Wilken said. “We expect Presstek’s customers to benefit from Mark Andy’s stable leadership, tremendous customer service and unmatched product offerings, including MAPP offset print supplies and consumables and Mark Andy digital print equipment.”
Presstek’s Zahara waterless plates division, which is not being acquired by Mark Andy, will be spun into a new company, Verico Technology, headed by former Presstek CEO Yuval Dubois. Verico Technology will focus on expanding its market share for cut sheet aluminum waterless plates and coating technologies in the printing industry as well as venturing into new market segments.
“Mark Andy’s acquisition of Presstek is a big win for customers from both organizations,” Dubois said. “We are pleased for the long-term benefits that this initiative will bring to the market.”
At the leadership level, Stuart Gallup will serve as vice president, offset business, for Mark Andy. He will be joined by Ian Pollock, director, Presstek EAMER; and Ralph Jenkins, director, MAPP Offset Sales in North America. Gallup, Pollock and Jenkins have a wealth of experience in the printing market, having dedicated their careers to serving offset printers.
“Mark Andy has a strong commitment to its’ customers, supporting them with the best solutions to guide them in a direction for success,” Gallup said. “It’s a privilege to now offer the single point of contact customer experience and streamlined processes that our commercial and in-plant customers have previously enjoyed.”
Among the articles in the January/February 2020 issue of Flexible Packaging Magazine, read the Executive Forecast for 2020, read about the latest news and product innovations in the flexible packaging industry, hear from some of the industry leaders, and much more!