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Datum nieuwsfeit: 10-01-2006
Datacard Group neemt Ga-Vehren Engineering over; overname verschaft Datacard mogelijkheden tot versnelde groei
( BW)(MN-DATACARD-GROUP) Datacard Group Acquires Ga-Vehren
Engineering; Purchase Positions Datacard Group for Accelerated Growth
in Print and Package Finishing and Fulfillment Solutions.
Business Editors/Technology Editors
MINNETONKA, Minn.--(BUSINESS WIRE)--Jan. 10, 2006--Datacard Group,
the world leader in secure ID and card personalization solutions,
today announced that it has acquired the assets and ongoing business
operations of Ga-Vehren Engineering, a manufacturer of flexible, high
speed print and package finishing machinery used in plastic card
delivery, direct mail and commercial printing environments. The
purchase of the St. Louis, Missouri-based operations brings
complementary new products to the Datacard Group portfolio,
significantly enhancing its ability to pursue growth opportunities in
mobile telecom, loyalty, gift card, direct mail, commercial printing,
and print and package finishing. Terms of the purchase were not
disclosed.
"Our customers increasingly require more dynamic solution
offerings and services for their high speed mailing and fulfillment
operations," said Jeff Hattara, Datacard Group president and CEO. "As
part of the Datacard family, Ga-Vehren systems present a unique
opportunity to further address this customer need, to leverage the
strength of our global distribution and service channels, and to
enhance the investments of those customers currently shared by the two
companies."
"Ga-Vehren high speed sheet finishing systems offer Datacard Group
customers a new dimension of speed and flexibility," said Jeff Peters,
president and COO of Ga-Vehren. "Designed to protect customers'
investment, they can be easily configured to efficiently handle jobs
requiring a wide variety of form and carrier styles. They offer
multiple options for folding forms and carriers and affixing cards and
other objects to them."
"Customers acknowledge that both Datacard Group and Ga-Vehren are
known for their quality and innovation," said Hattara. "We will rely
on these shared competencies as we continue to serve the established
base of Ga-Vehren customers and set our sights on introducing
Ga-Vehren solutions to a global market."
Datacard Group offers the world's best-selling secure ID and card
personalization solutions. The company's portfolio includes systems
for high-volume card issuance, card delivery, secure ID issuance and
passport production, plus extensive service and supply offerings.
Datacard Group serves customers in more than 120 countries
(www.datacard.com).
--30--JH/ms*
CONTACT: Datacard Group
Kevin Gillick, 952-988-2846
kevin_gillick@datacard.com