By: E&P Staff
Glunz & Jensen A/S, Ringsted Denmark, has acquired K & F International Inc.
In addition to broadening Glunz & Jensen’s prepress equipment strategy with plate-automation technologies that include plate punch/bending and transport systems, the acquisition also provides Glunz & Jensen with press register systems through K&F’s plate lockup technologies and web-reduction expertise for newspaper and commercial printers.
K&F President Thomas Kocsis, whose family held a majority stake in K&F until the acquisition, was named president of the new Glunz & Jensen K&F Inc., a wholly owned Glunz & Jensen subsidiary. G&J said it plans to continue K&F operations in Granger, Ind. Alex Kocsis and Rudy Fermi founded K&F more than 35 years ago.
Glunz & Jensen makes computer-to-plate processors for offset printing plates, as well as plate-line equipment that includes pre- and post-baking ovens, transport and re-direction conveyors, rinse-gum units, and plate stackers. The company has production sites in Denmark, the United Kingdom, and Slovakia, and a sales and service operation in Elkwood, Va.
Traded on the Copenhagen Stock Exchange, Glunz & Jensen posted sales for the last financial year of approximately $90 million.