Business News

ROTOFLEX INTERNATIONAL CHARTS BRIGHT FUTURE

Tuesday 23. December 2008 - MAI Holdings acquires the company as part of growth initiatives

Rotoflex International, the industry-leading supplier of web inspection and finishing equipment has been acquired by MAI Holdings. The asset-only acquisition was finalized on December 11, 2008. The transaction marks a strong step for future business and growth plans for both Rotoflex and its new owners.
As the global leader among inspection and finishing equipment, Rotoflex will retain its focus on delivering innovative and customer-centric designs. It will maintain an independent brand presence, building on an already strong platform of progressive innovation, creative solutions and advanced technology. The immediate plan calls for heightened focus on the customer through Rotoflex sales continuity and improved worldwide support. In addition, the implementation of new operational efficiencies will allow Rotoflex to build and deliver a higher level of customer satisfaction.
Regarding the future of Rotoflex, Paul Brauss, CEO of MAI Holdings states this addition is “simply an incredible fit that will result in a stronger, stable business that will carry on the proud tradition of Rotoflex’s 35 years of leadership. We are combining the number-one, internationally recognized finishing equipment brand with world class operational excellence – an unbeatable combination. We deeply value the commitment of Rotoflex to understanding customer needs, innovative product designs, and industry leadership. We are pleased to have found a partner with such strong values.”
Val Rimas of Rotoflex calls the purchase “a game-changing development. This new ownership compliments and enhances Rotoflex’s value proposition by bringing efficiencies to our operation to better respond to our customers and maintain a leading position in the market. We see a bright future with a solid foundation for success.”