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Presstek sale completed

In the US, the sale of digital offset printing equipment supplier Presstek to MAI Holdings, an affiliate of American Industrial Partners Capital Fund IV (AIP) has been finalised.

Stan Freimuth, Presstek’s president and CEO, says: “I look forward to continuing to focus the company on its key growth strategies of going up-market and expanding into new markets with AIP’s backing. I am confident that this transaction will be beneficial to Presstek and its customers.”

One of AIP’s portfolio companies is Mark Andy, the leading designer and manufacturer of narrow and mid-web flexo equipment and aftermarket products serving the label, packaging and speciality printing markets.

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