FTA Fall Meeting (Cont’d from Page 5)
study’s findings, and the actionable items derived from it. Then, educators from a pair of FTA member tech- nical educational institutions, including Shawn Oetjen from Flexographic Tech in Minneapolis, Minnesota, and Zachery Blackburn from Central Piedmont Com- munity College, Charlotte, North Carolina, discussed how their programs attempt to address those findings. In Tuning-up the Process , Colorware Founder Dan Uress, and Ann Michaud from 3M, looked at several process improvement methodologies specific to flex- ography and put one to the test by taking a deep dive into that data and determining what could have been done differently to add value to the process. Mark Samworth returned for The Winners’ Cir- cle , in which the VR press was put into production mode and produced the final piece live.With samples in hand, FTA examined the challenging print compo- nents—once considered too difficult for flexography— while discussing modern techniques used today. Papermaker Fedrigoni Acquires Ritrama Fedrigoni S.p.A., an Italian manufacturer of specialty papers and high value-added products for packaging and fine printing and self-adhesive labels, has signed an agreement to acquire the Ritrama group, an Italian multinational group specializing in self-adhesive prod- ucts. Ritrama has manufacturing facilities in Italy, Spain, the United Kingdom, Chile and China.The Rink family, founders of Ritrama, will maintain ownership of and continue to manage Ritrama’s North American opera- tions, while continuing its business partnership with the rest of the Group. This acquisition — the second since Fedrigoni’s ac- quisition by Bain Capital — is said to strengthen Fed- rigoni’s position in the European PS label market, in which it operates through the Arconvert and Manter brands. The acquisition combines Fedrigoni’s produc- tion of wine labels and in the production of labels for the food, household and logistics markets, with the self-adhesive technologies of Ritrama, a producer glob- ally of labels for the pharmaceutical, beverage and per- sonal care markets. Ritrama’s total revenues of approximately Euro 400 million in the year ended December 31, 2018, coupled with Fedrigoni’s total revenues of approximately Euro 1.2 billion in the same period, amount to total reve- nues of the combined group of approximately Euro 1.6 billion. The transaction is expected to close in the first quar- ter of 2020, and is subject to certain closing conditions.
Flexo Market News November 11, 2019 7
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