Business News
Steinemann Technology acquires SPS ScreenPrintingSystems
Wednesday 07. January 2009 - Steinemann Technology now has a complete portfolio of solutions to meet all screen printing requirements / Decisive strengthening of the Graphic Division
Steinemann Technology AG, St. Gallen/Switzerland, has acquired SPS ScreenPrintingSystems GmbH, Wuppertal and Seevetal/Germany, with effect from 1 January 2009. As a result, Steinemann Technology now has a comprehensive portfolio of systems and solutions for finishing print products with varnish. It completely covers all screen printing requirements, from short to long runs – starting with the VITESSA flat screen cylinder presses and culminating in the high-speed rotary flexo and screen printing machine of the HIBIS series. The graphic arts product range of SPS will be integrated in the Graphic Division of Steinemann Technology, both the SPS brand name and the machine range being retained.
“By incorporating SPS in our Graphic Division in what is certainly a fairly difficult market environment at the moment, we have taken a major step towards putting our company’s positive development on an even broader footing. We are now the only manufacturer in the world in a position to offer its customers systems and solutions to meet all screen printing requirements from a single source – in terms of both printing formats and printing speed. Moreover, our company only recently equipped itself for the future in the extremely exciting market of special-purpose screen printing applications by acquiring Fleischle Siebdruckmaschinen and subsequently establishing Steinemann Coating GmbH,” says Jürg Spittler, Vice President of Steinemann Technology AG and Director of the Graphic Division, welcoming the integration of SPS.
“With its sales and service structure, Steinemann Technology is in an excel- lent position worldwide and characterised by great innovative capacity. The product portfolios and distribution channels of Steinemann Technology and SPS complement each other perfectly. In the long term, taking this step will enable Steinemann Technology to strengthen the further development of its business segments and consolidate their market position. This is definitely a case of one and one making more than two,” says Axel Kaiser, Managing Partner of SPS ScreenPrintingSystems GmbH.
The origins of the SPS brand date back to the company’s founding in 1953. After 1957, the company rapidly made a worldwide name for itself by introducing the original SPS STOP Cylinder Principle, which combines particular accuracy and speed. Since then, SPS has time and again launched trend-setting innovations on the market, setting standards in screen printing for both graphic arts and industrial applications.