|
Intelicoat Technologies Acquires New Range of Digtal Papers |
|
|
|
Digital Imaging Leader to Expand its Fine Art and Photo Portfolio
InteliCoat Technologies (“InteliCoat”), a world leader in the manufacture of coated paper, film, and specialty substrates for digital imaging technologies, today announced the acquisition of Museo Digital Printmaking Papers from Crane & Co., the premier U.S. maker of fine papers for social and business correspondence. The acquisition of the Museo family of digital fine art papers solidifies InteliCoat’s commitment to building upon its leadership in the digital fine art and photo industry. InteliCoat is an affiliate of Sun Capital Partners, Inc., a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies. Terms of the acquisition were not disclosed.
Targeted toward professional, semi-professional, and prosumer photographers and artists who produce digital originals or reproductions using ink jet technology, Museo provides world-class image quality manufactured to archival standards (Library of Congress, ISO) with all products being 100% cotton, internally buffered, and containing no optical brighteners.
“InteliCoat has earned a reputation for producing innovative, highly productive digital imaging products, including the market-leading Magic® brand of wide format ink jet media and Magiclée® brand of digital fine art and photo papers,” said Joe Lupone, President and CEO, InteliCoat Technologies. “By partnering with Crane, now in its seventh generation of manufacturing the finest cotton paper, InteliCoat can bring together the strengths and expertise that exist within both organizations to continue to deliver a diverse range of media alternatives, which meet the needs of the most discriminating artists.”
The acquisition is the latest development in InteliCoat’s strategy of focusing on its core competencies with respect to the global product development, manufacturing, and marketing of digital imaging media. The addition of the Museo line highlights InteliCoat’s commitment to expanding its investment in new product development and better servicing its customer base in the rapidly growing digital fine art and photo market. The acquisition will benefit Museo customers by combining the best technologies and practices of the two organizations, as well as delivering enhanced manufacturing, converting and distribution efficiencies.
InteliCoat and Crane & Co. are implementing a comprehensive transition strategy to ensure the uninterrupted availability of products and services to the customer bases of each company.
www.intelicoat.com
|
No Comments.
winners booklet