Page 24 - PWM2023_October EBook

NEWS GLOBAL

IN BRIEF High Speeds available

The Durst Group, a com-
pany in digital printing
and production technolo-
gies, has achieved yet with ECOLEAF
another milestone. It has
triumphed in seven cate-
gories at the Printing
United Awards, the most ACTEGA has announced sible has taken a significant
prestigious prize in the the latest news for the com- step forward.
American printing indus- pany at Labelexpo Europe The technology is now
try. The recognition comes for its pioneering innovations in 2023 (Brussels, Belgium,
large format printing (LFP), packaging, automation, and being embraced by leaders
software solutions. These remarkable awards affirm Durst 11-14 September). The news across the industry, with
Group’s ability to offer cutting-edge digital printing tech- shared included significant brands in this sector excited
nologies. Vanguard Digital, a subsidiary of Durst Group, also developments for its innova-
secured an award, making it a total of 8 accolades across tive, sustainable, on-demand by the finished products and
the entire group, setting a new record at the Printing United ACTEGA confirms latest news the promise of considerable
Awards. “Under the motto of ‘Production Excellence’, we metallization technology, advances in sustainability.
offer solutions that provide our customers with real pro- ECOLEAF. and benefit from improved
duction ease, quality, and speed. This drives the advance- The company confirmed sustainability whilst deliver- With more and more innova-
ment of digital printing, offering a win-win proposition,” that ECOLEAF now runs at ing the high gloss and quality tive companies adopting on-
says Christoph Gamper, CEO. demand metallization, the
70m/min on digital inkjet usually achieved with tradi-
lines and 80m/min on flexo tional foil processes. ECOLEAF metallization
Xerox is set to purchase all application range now
of the company’s shares lines. Medium to high run In addition, ACTEGA’s
that are owned by activist jobs across all types of exist- vision to bring ECOLEAF on- includes laminated tubes,
investor Carl Icahn for ing production lines can now demand metallization to as shrink sleeves, and pressure
around $542m (£442m).
The manufacturer said easily integrate ECOLEAF much of the industry as pos- sensitive labels.
yesterday (28 September)
that it has entered into a Durst Group at Labelexpo ‘23
share purchase agreement
to repurchase all of the shares of the company’s common
stock beneficially owned by Icahn and certain of his affili- Durst Group has today reduces set-up time and automatically detect and
ates at a purchase price of $15.84 per share. This represents unveiled full details of a new waste, resulting in enhanced localize any problems with-
the closing price of the company’s common shares on 27 innovative technology that efficiency and a more com- out any speed reduction.
September 2023, the last full trading day prior to the execu- utilizes computer vision and petitive total cost of owner-
tion of the purchase agreement. The aggregate purchase artificial intelligence to take Neighboring nozzles then
price for the repurchase of approximately $542m is expected high quality label produc- ship (TCO) for the Tau RSC compensate with larger
to be funded with a new debt facility.Xerox said the trans- platform printers. drops to ensure that out-
action is expected to close no later than today (29 tion to another level. On its Durst Hawk Eye includes
September) and that, subsequent to the closing of the stand C45 in Hall 7 at a scanner system, worksta- standing print quality is
transaction, the Icahn parties will no longer hold any Xerox Labelexpo in Brussels, tion and touch screen moni- maintained. Operators do
common shares. Belgium, the manufacturer tor. It corrects print not need to complete any
of digital printing and pro- mistakes, such as missing set-up and there is no need
National World has duction technologies dem- nozzles, inline and in real to print a special test pat-
swooped to acquire onstrated the Durst Hawk
Midland News Association Eye system that is designed time. In the rare event of a tern. Other announcements
and its sister company to assist operators and auto- printhead nozzle malfunc- by Durst at Labelexpo
Press Computer Systems in mate the print quality. In tioning, in-built artificial include important ink devel-
a deal that will propel the addition, it significantly intelligence (AI) systems opments.
group beyond the £100m
turnover mark. The deal
September). National World has paid £11m in cash on com- Mimaki and Omniapiega collab
was announced today (29
pletion of the deal for the two businesses. Midland News
Association publishes flagship regional newspapers the Omniapiega is a company place and three Mimaki sys-
Express & Star and The Shropshire Star. National World who recognises the opportu- tems printing reliably and at
described them as “the largest remaining independent
regional assets in England”. The two titles have a combined nities made possible with high quality, Omniapiega
daily print circulation of around 23,000. digital printing. Based in was able to successfully
Carate Brianza, in the prov- launch its in-house service,
Inspired Thinking Group (ITG) has appointed industry spe- ince of Monza Brianza – stra- increasing both production
cialist Darren Singer as its new chief financial officer to tegically located close to the Specialist pleating services speed and flexibility.
spearhead its global growth charge. Singer will be tasked textile districts of Como and The company could now
with leading ITG’s growth plan.The business aims to expand Turin and the fashion capital, Mimaki’s exclusive reseller easily meet the requirements
to “a truly global, tech-led business delivering localised Milan – Omniapiega offers a in Italy, Omniapiega of its customers for fast itera-
and personalised content at scale from hubs across the UK, installed its first Mimaki JV5
Europe, the US and APAC”, through a series of acquisitions highly specialist, customised tions or design versions, as
and partnerships, alongside organic growth. The firm pleating service to fashion printer in 2015, which was well as provide more choice
launched a new creative department, focusing on using AI designers and brands. With quickly followed by two more when it came to printing
to help clients get to market as quickly as possible. the support of Bompan, units. With its expert team in onto different fabrics.

22 PrintWeek MENA October 2023 www.printweekmena.com