Madern Acquires Xynatech
VLAARDINGEN, The Netherlands—Jean Madern, president of the Madern Group, a manufacturer of rotary dies and equipment for the folding carton industry, recently announced that the Madern Group (Madern International, Madern USA, and Evers) has purchased Xynatech, Inc., a supplier of wrap-around plates and dies used for the converting of paper and folding cartons.
With the strategic acquisition of Xynatech and it’s synergy with the Madern Group, it will accelerate further developments of low-cost rotary tooling for the folding carton industry.
Jim Redd and Pierson Kang, the original owners of Xynatech, the inventors of the etching technology, will continue to be employed by Madern for the foreseeable future. Xynatech will continue to sell rotary die products from its current locations in the Albuquerque, N.M. and Philadelphia, Pa.