Acquisition of rotoclean GmbH, Freiburg, signed
technotrans AG is extending its product area of blanket cleaners through the purchase of rotoclean GmbH and of the technologies that this company uses. The corresponding agreements were signed today.
rotoclean is one of the leading manufacturers of cleaning systems for newspaper web presses and has enjoyed rapid expansion in recent years. It posted revenue of approx. € 7 million in 2006.
In acquiring rotoclean's technologically convincing, patent-protected technology, technotrans is extending its own product range of cleaning systems. The blanket cleaner (contex.c) that it has developed independently in recent years is now complemented by a brush-type cleaner for newspaper web presses; the possibility of transferring individual elements of this technology to the brush version contex.b that technotrans is currently developing will enable it to reduce its own development expenditure in that area. technotrans anticipates substantial revenue growth in the next few years from the international roll-out of the acquired brush concept for newspaper web presses, associated cross-selling opportunities for other technotrans products and swifter development progress on the contex.b.
The acquired technology will be fully integrated into the technotrans Gersthofen location, near Augsburg, which serves as the group's centre of expertise for blanket cleaners. The previous owner Mr. Richard Munz will join the technotrans management team.
With unique technology at its disposal, rotoclean has emerged as a serious participant in the cleaning systems market within the space of just a few years. This system involves brushes rotating over the cylinders' surface, which is moistened with a solvent, thus removing contamination. Because the brushes move along the cylinder on a rail, this system is extremely flexible to use and offers considerable advantages in terms of cleaning quality, longer service intervals and lower weight, particularly on the very wide web presses that are used in newspaper printing, for example.
technotrans is extending its expertise in the field of cleaning systems with this complementary product, with its worldwide sales and service structure providing a ready-made basis on which to tap the global market. rotoclean will furthermore strengthen technotrans' position as a systems supplier for the printing industry because it is now possible to offer customers even more products from a single source and thus further reduce the number of different contacts along the chain that extends from procurement to service. Press release download. Press photo download.
