Presstek Completes Acquisition of Anocoil Corporation
Presstek, LLC, a leading provider of eco-friendly printing solutions, today announced it has completed the acquisition of the business and operations of Anocoil Corporation, one of North America's largest independent producers of analog and digital offset printing plates for the newspaper and commercial market segments. The acquisition of Anocoil Corporation expands Presstek's market reach, product line, customer base, and manufacturing capacity. Anocoil Corporation brings over 58 years' experience of providing advancements in offset plate technology with two state-of-the-art production facilities located in Rockville and Enfield, Connecticut.
"This is an exciting strategic step for our company," said Sparsh Bhargava, Presstek's Chief Executive Officer. "Both Presstek and Anocoil Corporation have a long standing mission of bringing plate technology innovations to market that benefit customers with improved quality and performance while simultaneously removing complexities, chemistry and waste from their production chain. The acquisition of Anocoil means our combined customer base will benefit by having access to an expanded range of high-value plate products and access to Presstek's extensive technical service and support for their plates, CTP systems and pressroom equipment.
