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Plockmatic Buys Morgana

Swedish firm Plockmatic International has purchased UK-based Morgana. Morgana, a supplier of document finishing technology, will become a wholly owned subsidiary of Plockmatic, which also supplies the same market.

“For a long time we’ve had enormous respect for Morgana’s people and its products,” said Jan Marstorp of CEO Plockmatic, who will head the new group. “Together, these two innovative companies add value to the printed page as part of the communications mix.”

Plockmatic International is part of Grimaldi Industri Group, a Stockholm-based holding company. The company will continue to operate its Morgana division out of Milton Keynes, UK, managed by current Morgana head Quen Baum.

“The combined companies and brands will be even stronger in the market and will better serve our customers and staff,” said Baum. “We look forward to the future and to being part of Plockmatic and the Grimaldi Industri Group.”