Esko acquires MediaBeacon

Strengthening consumables portfolioHeidelberg Republic of india, Organic Coatings sign agreementHeidelberg India and Organic Coatings have signed a long-term sales and distribution agreement. This motility aims at expanding Heidelberg India'south market presence and strengthening its consumables portfolio. The agreement, effective from one March 2022 entitles Heidelberg India to exclusively manage the sales and distribution of Organic Coatings' sheetfed offset products with special focus on inks, maximizing the synergies between the two complementary nugget portfolios and unlocking the potential in the combined offering.
L-R: Abhay Shah, joint managing managing director and RK Shah, vice chairman and managing managing director of Organic Coatings with Klaus Nielsen, managing director, Robert Joseph, business organization head – consumables and Vembu Swaminathan, fiscal director of Heidelberg IndiaThe understanding volition bring together Organic Coatings' existing sales force and dealer distribution channel with Heidelberg Bharat, while assuasive the onetime to singularly focus on manufacturing and production development. The deal was signed in a contempo meeting held at Heidelberg Bharat's corporate head role in Chennai, by RK Shah, vice chairman and director and Abhay Shah, joint managing director of Organic Coatings. Heidelberg was represented by Klaus Nielsen, managing director, Vembu Swaminathan, fiscal director, and Robert Joseph, business concern head – consumables at Heidelberg India.
Commenting on the strategic brotherhood, Nielsen stated, "We are extremely excited about this deal with Organic Coatings and the value information technology would add together to our consumables portfolio. The agreement, is part of our broader growth strategy for our consumables business organization, and comes on the heels of a similar arrangement specialized in founts and wash-up solutions. Abhay Shah said, "We are happy to bring together easily with Heidelberg India, as both companies share a common vision for the hereafter of the consumables business. Partnering with a company of the calibre of Heidelberg India is bound to align u.s.a. with excellent growth opportunities in the Indian Graphics Arts industry and help usa take advantage of the exploding potential."
Source: https://packagingsouthasia.com/type-of-article/industry-news/esko-acquires-mediabeacon/
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