Presstek LLC has entered into a definitive agreement to acquire the business and operations of Anocoil Corporation, which is expected to close at the end of March.
Anocoil, founded in 1958, is one of North America’s largest independent producers of analogue and digital offset printing plates for the newspaper and commercial market segments. The company explains its development strength is focused in the areas of aluminum substrate and coating technology, which Presstek plans to leverage for generating new environmentally progressive printing technologies.
“I, along with all of Anocoil’s employees, am thrilled to be partnering with Presstek for the next stage of our company’s growth,” said David Bujese, Anocoil’s President. “With Presstek we have found a strategic partner committed to being an innovative market leader.”
Founded in 1987, Presstek’s core product portfolio includes: 4- to 6-colour DI presses; thermal and inkjet Computer-to-Plate systems; and printing plates for DI presses and CTP applications (waterless, thermal and inkjet). Presstek also has a global network of service technicians supporting prepress, press, and post-press equipment.
“We are excited about bringing the two companies together as we expand our product offerings and capabilities,” said Sparsh Bhargava, Presstek’s Chief Executive Officer. “Both Presstek and Anocoil have extremely talented employees and a long history of innovation.”
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