CPS has expertise in flexographic printing systems, including paperboard packaging, lottery tickets printing and pharmaceuticals. CPS’s well-established position will strengthen KCM presence in North America while expanding its global technological capabilities. “This acquisition represents a transformation in the converting industry,” said Laurent Bince, CEO of KCM. “By bringing together KCM’s established excellence in web-fed offset and gravure printing with CPS’s advanced flexographic technology, we’re creating unprecedented value for our customers. Our ability to serve every aspect of paperboard converting needs, including printing, cutting, tooling, and delivery, set us apart globally and in North America.”
“Joining KCM opens exciting new possibilities for our customers and employees,” said Mark Friedrich, former owner and now COO of CPS. “Our long-time customers will have access to unprecedented resources and support through KCM, and its customers will have access to our advanced flexographic printing equipment.”
For more about the acquisition and strategy, go here.
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