Daetwyler Global Tec Holding – Acquisition of Rotoflex
SWITZERLAND • The holding has acquired an 80% shareholding in the Rotoflex Group. The management, which holds the remaining 20% of shares in the company, remains unchanged. Rotoflex will continue to act independently within the group with its brand.
Headquartered in Grenchen, Switzerland, and running a sales company in Moscow, Russia, Rotoflex develops and manufactures inks for the gravure and flexo printing processes as well as coatings for flexible packaging foils. The company was founded in 1975 and employs approximately 70 staff members.
Rotoflex can benefit from the global network of the Daetwyler Group and its know-how in the printing industry. In addition, the merger creates new sales channels in distribution, whereas new sales and production locations are also planned in the mid-term.