AVT and Erhardt+Leimer Finalize Strategic Alliance

Erhardt+Leimer, a provider of system solutions and process control equipment to web-based industries and AVT (Advanced Vision Technology), a supplier of print inspection, print process control, and quality assurance, have closed an alliance agreement that will broaden product portfolios and strengthen services for customers of both companies, including end users and OEMs, through solutions born of the two companies’ combined experience and technological skills.

AVT will acquire E+L’s automatic print inspection solutions and will assume the responsibility to develop and manage these solutions for both companies’ customers in the label and packaging applications, including the corrugated segment. In return E+L will be entitled to future earn outs and a cash payment as per the set terms. As part of the agreement, Dr. Michael Proeller, E+L’s CEO, will be appointed chairman of AVT’s advisory board and serve as an observer on AVT’s board of directors.

The agreement makes AVT the official inspection and press control provider for E+L, including both current products and ongoing product developments in the printing sector. In the label market, AVT and E+L will continue to offer both Helios and Nyscan platforms and support them. In the future, AVT intends to merge the capabilities of these two platforms and offer both Nyscan and Helios customers an upgrade path to this integrated platform for optimal protection of their initial investment.

Source: Advanced Vision Technology.