Joint Venture in Gravure
The leading manufacturers of gravure cylinder making equipment join forces.
January 23 2009
Dayton OH
Peter Daetwyler, owner of the MDC Max Daetwyler Group and Max Rid, owner of the companies Hell Gravure Systems, K. Walter, and Bauer Logistik unite their activities in developing, manufacturing, selling, after sales, and service of gravure cylinder making equipment. By unifying their enterprises they will now be able to offer the full spectrum of technologies as seamlessly integrated systems, which will enhance the competitiveness of the gravure process. This joint venture was effective January 1, 2009.
Max Rid and Peter Daetwyler have founded a new corporation with the name Heliograph Holding GmbH for this purpose. From now on this holding company will be home to the newly founded Daetwyler Graphics as well as the corporations Hell Gravure Systems, K.Walter, Bauer Logistik, Schepers, Daetwyler R&D Dayton and their world wide sister companies. Within the new holding structure these sister companies will continue to distribute Daetwyler doctor blades and diamonds.
Max Rid will head Heliograph Holding as Chief Executive Officer. Additional officers of the holding corporation will be the CEOs of Daetwyler Graphics, Hell Gravure Systems, and K. Walter.
A group of independent brands with a complete product line
The new Daetwyler Graphics AG in Bleienbach, Switzerland, will continue MDC Daetwyler AG's business of developing, manufacturing, selling and servicing gravure cylinder making equipment.
The companies joined together inside Heliograph Holding will offer their products under their own names and their individual brands. The distribution channels including sister companies and independent representatives will be united.
In the future, customers will be able to choose between electromechanical and laser based engraving technologies of Daetwyler, Hell Gravure Systems, and Schepers from one single source. These products can be combined with plating and automation technology from K.Walter, surface finishing technology from Daetwyler Graphics, and storage and transportation technology from Bauer Logistik into completely integrated systems.
Daetwyler SwissTec with its international manufacturing plants for doctor blades located in Switzerland, USA, China, and India, as well as the Industrial Manufacturing Branch of MDC Max Daetwyler AG with its Swiss sites in Bleienbach and Ursenbach as well as its site in Estonia will not be transferred into Heliograph Holding. They will continue to be lead independently by Peter Daetwyler.
In the United States, activities and employees involved in sales and service of gravure cylinder making equipment at Max Daetwyler Corporation will remain in Huntersville, NC, but will operate as K. Walter Service Corporation. K. Walter Service will maintain its employees and location in Inman, SC. Ralph Daetwyler has been named the President of K. Walter Service Corporation with Bob Speiss continuing as Vice President.
For more information about our services and unique machines for gravure engraving, printed electronics and other high precision applications, please contact us.
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