XSYS has agreed a $300m-plus deal to acquire rival MacDermid Graphics Solutions along with new CEO to oversee the enlarged business.
Germany-headquartered XSYS will replace CEO – Oliver Dohn with Dr. Alexander Unterschütz who is expected to further grow the flexo plates and platemaking equipment business to be the leader in liquid photopolymer platemaking consolidating on its flexo and letterpress plates and associated imaging equipment brands like Nyloflex and Nyloprint.
Commenting on his new role, Dr. Unterschütz said: “I am delighted to join XSYS as its new CEO and together with the whole XSYS team support its continued success. I am also excited about the combination of XSYS and MacDermid. Both businesses have highly complementary geographic footprints and product portfolios, which will enhance XSYS’ product offering, service levels as well as drive innovations to serve our customers even better.”
