Rotoflex acquired by MAI Holdings
Dec 15, 2008
US-based MAI Holdings has completed an asset-only acquisition of web inspection and finishing equipment supplier Rotoflex International.
Represented in Australia and New Zealand by Aldus Engineering, Rotoflex will “maintain an independent brand presence”, with the company describing the acquisition as “a game-changing development”.
Meanwhile, MAI chief executive Paul Brass described his company’s addition as “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,” Brass said.
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