2019 In Review (Cont’d from Page 5)
efiting from the new systems include the 370 and 440. The Indian subsidiary of Nilpeter , headquartered in Chennai, was the country’s first customer of Luchs IV register measuring system from PITSID.The LUCHS IV system is reportedly an advanced quality control sys- tem that gives a statistical calculation of the color reg- ister on the printed web,which enables Nilpeter India to qualify its presses for highest quality compliance. BST eltromat International decided to close parts of its BST ProControl business unit. Deliveries of new measuring systems and system upgrades from BST ProControl ceased at the end of 2019.The Service de- partment remains in place. A team of seven people continue to serve the existing customers of BST Pro- Control around the world. The Klingele Group , Remshalden, Germany, an in- dependent manufacturer of corrugated base paper and corrugated cardboard packaging, and printing machine manufacturer Koenig & Bauer reached a new mile- stone in their parnetship with the successful factory acceptance testing of a newly developed CorruCUT high board line rotary die-cutter by Klingele after con- ducting a test phase with the prototype. Koenig & Bau- er completely redesigned the 6-color machine in close cooperation with Klingele and adapted it to the specific market and production demands. Funds advised by Triton reached an agreement to acquire a stake in All4Labels – Global Packaging Group (“All4Labels”), Frankfurt, Germany. Triton in- vested together with the current management of All- 4Labels who continues to run the business while the minority shareholder Genui Partners sold its shares. Global packaging merger and acquisition (“M&A”) deal volume surged in the first half of 2019, reaching its highest level since 2015, according to Mesirow Fi- nancial . In line with volume, deal value climbed to $15.0 billion in the first half of 2019, compared to $9.7 billion in the first half of 2017 and $12.5 billion in the first half of 2018, pointing to a trend of increasing deal activity in the segment. Albéa , a global manufacturer of laminate tubes for cosmetics and oral care packaging, further invested in Nilpeter technology with the acquisition of new FA presses for company sites in India, Brazil and Poland. Wink acquired Bandstahlschnitte Jeurink , a steel rule die maker based in Neuenhaus, Germany, and its Munich, Germany-based subsidiary ImaPack Stanzfor- men, as it sought to expand in the packaging market. Graymills , Broadview, Illinois, which manufactures ink pumps, metalworking pumps, and parts washers, celebrated its 80th anniversary in business. Canadian packaging provider Ellis Paper Box , a
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Flexo Market News January 6, 2020 7
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