MATTHEWS INTERNATIONAL SIGNS DEFINITIVE AGREEMENT FOR THE PURCHASE OF UNGRICHT AND DORNBUSCH
We are pleased to inform you that Matthews International has signed definitive agreements for the purchase of A. + E. UNGRICHT GMBH + CO KG and DORNBUSCH ENGRAVING GMBH. Both transactions, which are subject to regulatory approval in Germany, are expected to close during the first quarter 2017.
Through the integration of Saueressig, as a part of Matthews International, with UNGRICHT and DORNBUSCH, we will increase our European production capacities and we will provide expanded product and service capabilities for our European and global customers. Together, we strengthen our positions as leading providers of pre-press services and gravure printing and embossing forms.
The aim of our combined teams is to determine how we can continue to improve our combined portfolio to offer you as our valued client the best service possible: from design creation and pre-press services to the delivery of rotogravure printing and embossing cylinders.
As always, we appreciate your business and we look forward to a very exciting future together.
We will keep you updated on our progress as one company through our sales team. Should you have any queries, please do not hesitate to contact us.
With best regards
As part of an Asset Deal, the proprietors of UNGRICHT founded the company DORNBUSCH ENGRAVING GMBH
As part of an Asset Deal, the proprietors of UNGRICHT founded the company DORNBUSCH ENGRAVING GMBH and acquired the operating assets of DORNBUSCH GRAVUREN GMBH in Kempen out of bankruptcy. They fully continue the production in Kempen.
Under the direction of the three proprietors Burkard Ungricht, Gregor Ungricht and Markus Ungricht all necessary arrangements will be immediately initiated to continue current orders and to resume business operations to their full extend. For DORNBUSCH GRAVUREN GMBH, founded in 1900, the insolvency proceedings had been opened on 1st of August and the production has been continuously carried on by the insolvency administrator. The new proprietors consider the traditional production techniques for the surface design of embossing rollers, together with the highly qualified staff, as a strength of the company. With the now secured jobs, the top position in global competition of this production company is to be maintained under the new name DORNBUSCH ENGRAVING GMBH.
In case of questions, please contact our management:
– Burkard Ungricht: commercial management (+49 2161 359 130)
– Gregor Ungricht: technical management (+49 2161 359 125)
– Markus Ungricht: sales management (+49 2161 359 135)
Furthermore your contact person Mr. Oliver Schneider (sales) will be at your disposal as usual.