10.22.15
Dover Corporation announced that it has completed the previously announced acquisition of JK Group SPA, which will become an operating company within the Printing & Identification platform of Dover’s Engineered Systems segment.
Headquartered outside Milan in Novedrate, Italy, JK is a leading manufacturer of inks and consumables serving the textile printing market. The addition of JK will expand Dover’s leadership in digital textile printing, which began with the acquisition of MS Printing Solutions. JK’s brands include Kiian Digital, J-Teck and Sawgrass Industrial. The acquisition will provide opportunities to share and leverage technology across the Printing and Identification platform.
The textile digital printing market is undergoing rapid growth as textile producers continue transition from analog to digital. Digital printing technology has enabled market trends such as fast fashion, by allowing producers to shrink time to market while reducing costs.
“Dover considers the digital printing market one of our most important growth areas, and adding the leader in dye sublimation ink to our family makes us even more excited about the future,” said Andy Fincher, Engineered Systems’ president and CEO. “We strongly value the JK team and are extremely impressed with the company they have built, including JK’s strong technology, expansive sales channel and commitment to the customer.
Headquartered outside Milan in Novedrate, Italy, JK is a leading manufacturer of inks and consumables serving the textile printing market. The addition of JK will expand Dover’s leadership in digital textile printing, which began with the acquisition of MS Printing Solutions. JK’s brands include Kiian Digital, J-Teck and Sawgrass Industrial. The acquisition will provide opportunities to share and leverage technology across the Printing and Identification platform.
The textile digital printing market is undergoing rapid growth as textile producers continue transition from analog to digital. Digital printing technology has enabled market trends such as fast fashion, by allowing producers to shrink time to market while reducing costs.
“Dover considers the digital printing market one of our most important growth areas, and adding the leader in dye sublimation ink to our family makes us even more excited about the future,” said Andy Fincher, Engineered Systems’ president and CEO. “We strongly value the JK team and are extremely impressed with the company they have built, including JK’s strong technology, expansive sales channel and commitment to the customer.