Xeikon in Takeover Discussions Print E-mail
Vendor Wire
Written by PrintAction Staff   
Monday, 14 January 2013

Xeikon NV, which is best known for developing web-fed toner presses for packaging, document and commercial printing applications, announced it is in discussions to be taken over by an external party. The company has not yet named the party it is engaged with, which could range from competing press manufacturers to private equity companies.

A short, publicly released company statement explains “[Xeikon] has engaged in discussions with a party, who has indicated to Xeikon that it may be interested in entering into a potential transaction regarding Xeikon, by way of making a public takeover bid for all shares in the capital of Xeikon.

The statement confirms, “Parties are currently engaged in initial discussions on a potential transaction. Further announcements will be made if and when circumstances so require."

In addition to its toner presses, which utilize LED-array-based imaging and robust proprietary front-end processing, Xeikon NV also develops CTP systems through its basysPrint and thermoFlexX brands.



Tags: Xeikon NV  
 

Vendor Wire

Tuesday, July 22

MGI Adds iFOIL for Demos

MGI Digital Graphic Technology installed the new iFOIL hot-foil-stamping system into its Florida headquarters for ...

Tuesday, July 22

Agfa Launches Avalon N16-80 XT

Agfa Graphics introduced the 16-up Avalon N16-80 XT thermal platesetter, which the company describes as ...

Tuesday, July 22

Ultimate Releases Absolutely Imposing version 2.6

Ultimate TechnoGraphics of Montreal released Absolutely Imposing v.2.6, an Adobe Acrobat plug-in, designed for imposition ...

Tuesday, July 22

Kocher + Beck to Provide Lüscher CTP in Canada

Kocher + Beck USA L.P. signed an agreement with Lüscher Technologies AG of Germany to ...

Tuesday, July 15

Cascades Prepares to Exit Kraft Paper Sector

Cascades Inc. plans to cease its Kraft paper manufacturing activities in the East Angus, Quebec, ...

Tuesday, July 15

Drytac Launches ViziPrint Impress Window Film

Drytac has added ViziPrint Impress, an optically clear, printable polyester window film with proprietary suction ...

Tuesday, July 15

Canadian Printing Equipment to Distribute Euclid

Canadian Printing Equipment, headquartered in Winnipeg, becomes a distributor for Israel-based Highcon’s Euclid cutting and ...

Tuesday, June 24

Esko Introduces Suite 14

Esko introduced its new Esko Suite 14 workflow software, built on Adobe’s PDF Print Engine ...

Tuesday, June 24

A&V Introduces AVCAP

Anderson & Vreeland released its new AVCAP product, which is a liquid photopolymer capping resin ...

Tuesday, June 24

PPE to Distribute New OKI C9 Series

Printer’s Parts & Equipment begins to distribute OKI Data’s C9 Series of printing systems, including ...

Monday, June 16

HP Adds to Indigo Press Line

HP introduces two new Indigo presses, including the sheet-fed 7800 model and the roll-fed WS6800, ...

Monday, June 16

Heidelberg Launches Low-migration Consumables

Heidelberger Druckmaschinen is introducing its new Saphira Low Migration product line of consumables engineered to ...