Label and flexible packaging specialist Mark Andy has acquired Direct Imaging press and plates specialist Presstek from its private equity owners, in the latest consolidation play among industry manufacturers.
The two businesses have a prior connection as they have both been owned by American Industrial Partners (AIP), and they had an existing partnership whereby Mark Andy Print Products handled North American sales for Presstek’s DI and CTP products.
AIP sold Mark Andy to an investment group headed by former Mark Andy CEO PJ Desai in 2014, and Presstek has now become part of the enlarged Mark Andy business. The terms of the deal were not disclosed.  
Presstek’s Zahara waterless plates business is not included in the sale. It is being spun out into a new company, Verico Technology, which is headed by former Presstek chief executive Yuval Dubois.
Presstek has around 130 press installations in the UK, and around 400 in Europe. The company transferred service and support for its UK computer-to-plate users to Marlowe Digital last year.
In a statement, Mark Andy chief executive Kevin Wilken described Presstek as a well-respected force in the small and medium format offset segment. “We expect Presstek’s customers to benefit from Mark Andy’s stable leadership, tremendous customer service and unmatched product offerings,” he said.
Ian Pollock, Presstek director for EAMER, said there would be no changes to customer-facing functions.