Industry News

MacDermid Inc. Acquires Autotype International Ltd.

Published on 2005-06-16. Author : SpecialChem

Autotype International has become part of MacDermid Inc. of Denver, Colorado, USA. MacDermid are a US publicly quoted group with a strong family shareholding. The acquisition of Autotype from Norcros means that MacDermid will have $0.75billion sales focused in the printing, electronics and industrial finishing markets around the world.

MacDermid plan to enhance Autotype's rapid development into new areas in the screen printing and electronics industries. They believe that with their help we can grow faster and be more successful. I am pleased that Autotype has found a stable and successful long term owner who understands the potential for our business and is able to assist directly in accelerating our growth plans

MacDermid has leading positions in the supply of offset blanket, flexo plates and Colorspan ink jet printers and supplies. MacDermid Electronic Solutions is a global leader in chemicals for PCB manufacturing. MacDermid Industrial Solutions is a major supplier of chemicals for industrial finishing, specifically plating and coating of metals and plastics. There is no direct technology overlap but many areas of common interest and potential fruitful cooperation.

MacDermid has a strong customer focus backed by technical support summarised by their advertising, 'Yes we can'. This mirrors our aim to provide technology solutions that help our customers become more successful. Both organisations rely on technology leadership and exceptional customer service to succeed in competitive markets.

MacDermid's approach is to encourage their businesses to develop as strong and independent companies, focused on the needs of specific groups of customers around the world. Our existing management team will continue to drive Autotype forward in line with our well-established strategy.

We value greatly the business partnership we have with our customers and our suppliers. We look forward to continuing to work closely with you as we continue to innovate and to support our customers in our fast developing markets.

Source: MacDermid Inc.

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