MGI takes over Kora-Packmat with a major acquisition
MGI Digital Graphic Technology of France has acquired a major stake in the German industrial Kora-Packmat, a leading manufacturer of feeders, packaging machines and card personalisation systems.
15 Mar 2012 | By Rahul Kumar
"We are very pleased with this acquisition. With the evolution of our inkjet printing systems, it was important to fuse our industrial and economic synergies to better develop and manufacture future MGi print technologies. The French innovation and creativity merged with German quality and reliability makes this project an ambitious and pertinent challenge,” said Edmond Abergel, chairman of MGi group.
This take over now makes MGi group one of the few independent manufacturers mastering the complete production chain aimed at developing future digital inkjet presses.
The MGi Group will be present at Drupa, where they will be displaying a wide range of machines including the latest in digital technologies. MGi will be present at hall 4, booth B24 and Kora-Pacmat at hall 3, booth A89.