Monday, March 4, 2024

QP Holding buys Multitec S2 8-color narrow-web flexo press

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Teams QP Holding and Multitec after signing the deal

QP Holding, a Swiss group with multiple print houses throughout Europe, has recently purchased a Multitec S2 8-color press from Faridabad-based Indian manufacturer Multitec. The installation marks a significant milestone for Multitec as it establishes a presence in the core of Europe through its partnership with QP Holding. The Multitec S2 8-color press brings cutting-edge printing capabilities enabling QP Holding to meet the evolving demands of the label industry. The investment in advanced printing technology further enhances QP Holding’s capabilities and reinforces its commitment to delivering high-quality printing services to its clientele.

In addition, Multitec has already secured agreements for additional press installations at QP Holding’s facilities in Switzerland, Germany and Hungary. The presses are scheduled to be shipped within the next 12 months.

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With over 400 employees, QP Holding operates extensively in the label, carton and packaging market. The sale of the Multitec S2 press to the Swiss group exemplifies Multitec’s unwavering dedication to the European market. The strategic partnership solidifies Multitec’s commitment to providing advanced printing solutions to meet the demands of the European printing industry.

Before the purchase, QP Holding conducted a thorough due diligence process and conducted extensive testing on Multitec equipment. The meticulous evaluation allowed them to assess the quality, automation, and value-for-money offered by Multitec’s presses. C Wey, the owner of QP Holding, expressed his satisfaction with the outcome of the evaluation, stating, “We believe that Multitec’s presses are well-suited for the European market in terms of their quality, automation, and competitive pricing. Our search for a dependable partner led us to Multitec, and we are confident that we have found precisely that.”

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Multitec boasts an impressive global presence with more than 500 flexo presses operational worldwide. These presses have been installed in various regions, allowing Multitec to establish a strong foothold in key markets worldwide.

In addition to its wide reach, Multitec also provides comprehensive service and support in these key markets. This ensures that customers can rely on timely assistance, maintenance and technical support for their Multitec flexo presses.

Mahan Hazarika
Mahan Hazarika
Mahan Hazarika has served as the Editor of The Packman since 2017, demonstrating an impressive decade-long expertise in the field of writing about the printing and packaging industry. In his leisure time, he indulges in his passions for music, travel, and watching movies.

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