PUNCH PURCHASES XEIKON'S BELGIAN, U.S. ASSETS

Punch International NV (St-Martens-Latem, Belgium), an electronics and CTP-system manufacturer and OEM supplier, has acquired the assets of Xeikon NV (Mortsel, Belgium). Xeikon had filed for the Belgian equivalent of Chapter 11 bankruptcy last November; recently, it decided to liquidate its assets after it was unable to secure additional financing. MAN Roland and Yam International/Alpha Capital AG also had submitted bids. Punch reportedly had been interested in purchasing Xeikon's assets for some time, however, and resubmitted an offer after a Belgian court declared Xeikon bankrupt in March. The acquisition price was not made public. Under the deal, Punch ...

To continue reading this article, please register or login – it’s quick and free…

Member Login

Enter your email address below, and we'll email your password.

Are cookies enabled in your browser?

This site uses cookies and session data to keep track of your name and preferences while you're logged in. You cannot login without enabling cookies.

One Step Registration

Fill out the form below for instant access to the page you’ve requested.

Website members also receive access to our entire archive and may apply for a complimentary subscription to our print magazine.

All fields are required Personal Info
  Required Must be a valid email
  Required Passwords must match
  Required
  Required
  Required
  Required
  Required
  Required
  Required

American Printer Magazine


Submit the form for instant access to the page you've requested.

Popular Stories

Top articles this month:

Associations, Etc.

American Printer Webinars

Latest Webinar:
Maximizing Profits: What Every Small Commercial Printer Should Know
Wednesday, August 4, 2010 | 2:00pm ET / 11:00am PT If you are looking to generate more revenue while boosting your customer retention rates, don't miss this free webinar!

View the Webinar Archive


Follow American Printer:
Facebook   Twitter   RSS Feed   Email

Resource Center

events icon

events

rss icon

rss

JobZone

JobZone