Heidelberg Acquires Hi-Tech Coatings
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Hi-Tech Coatings was founded in 1993 and was under the ownership of the management team. The company sells its products worldwide via dealers and licensees, focusing today most strongly on Britain and Eastern Europe. In 2007, Hi-Tech Coatings achieved sales of around 25 million Euro.
“We have long been aware of how important it is to have links to presses and the printing process. This makes it a logical step to merge Hi-Tech Coatings and Heidelberg,” stressed Hi-Tech Coatings Managing Director Paul Bass. “Coatings play a key role in the graphic arts industry. The enhanced durability of coated products and ongoing improvements in terms of esthetics make a major contribution to increasing print shop productivity,” he continued.
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