QP Holding and Multitec shaking hands at the deal signing
QP Holding, a Swiss group with multiple print houses across Europe, has ordered several Multitec dual servo S2 8-color narrow web flexo label presses from Faridabad-based Indian manufacturer Multitec. The first press, an S2 8-color, will be displayed by Multitec at its stand during LabelExpo Brussels and then installed at the Swiss group’s plant in Budapest, Hungary.
QP Holding has over 400 employees and operates in the label, carton, and packaging market. The S2’s sale to the Swiss group demonstrates Multitec’s firm commitment to the European market and its firm entry into that market. Agreements for three more presses for the group’s Swiss, German, and Hungarian facilities are in place and will be shipped within the next 12 months.
QP Holding performed an in-depth due diligence with extensive testing on the Multitec equipment. QP Holding’s owner C Wey, said, “We find that Multitec’s presses are ready for the European market in terms of quality and automation, and present an excellent value for money. We were searching for a reliable partner and I think we found that in Multitec.”
Multitec has more than 500 flexo presses in operation all over the world with service and support in key markets.
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