Domino Printing Sciences has acquired German continuous inkjet printer manufacturer, the Wiedenbach Group, in a move which it says will both enhance its existing CIJ activities and broaden the range of sectors it can serve.
Established in 1983 and located near Radolzfell in southern Germany, Wiedenbach develops and markets CIJ inkjet printers used for specific packaging industry applications, such as marking glass and plastic but more widely for coding wires and cables.
Domino says the acquisition opens up new markets for it, particularly in the cable and wire, extrusion and automotive sectors. Wiedenbach sells both through direct sales channels in the UK, Germany, the US and Switzerland and via distributors in over 30 countries. It employs 88 staff and generated 2003 sales of EUR12.7M.
“Wiedenbach has developed an enviable reputation in the market for providing customers with reliable products and highly engineered solutions for complex applications,” says Domino group managing director Nigel Bond. “It closely complements our existing businesses and supports our strategy of providing sector-specific expertise and value-added services.”