Exciting News Ahead!

Exciting News Ahead!

I am thrilled to announce that AstroNova has completed the acquisition of MTEX NS, marking a significant milestone in our journey together.

This strategic move holds immense promise for customers, suppliers, and partners, and here's why:

Diverse Portfolio:
With our combined expertise, we are poised to offer an expanded portfolio of innovative industrial printing solutions, catering to a wider spectrum of market needs and demands in digital color packaging and label printing.

Enhanced Service Standards:
We expect elevated service standards and expedited responses as we integrate our operations and resources to better serve our valued customers and partners in maximizing their return of investment in MTEX NS equipment and services.

Global Reach:
Leveraging AstroNova's extensive global network, we are committed to extending our reach and accessibility, ensuring seamless access to our products and services across diverse markets globally.

Innovation Acceleration:
By joining forces, we are primed to accelerate the pace of innovation, delivering cutting-edge industrial-grade printing solutions that address evolving market trends and challenges.

Stability and Assurance:
Rest assured, our commitment to delivering innovation, value and reliability remains steadfast, as we navigate this exciting phase of growth and transformation.

MTEX NS will operate as a wholly owned subsidiary of AstroNova and is expected to continue under the current MTEX NS brand strategy and management structure. Elói Ferreira will continue to serve as Chief Executive Officer and the entire MTEX team will continue to be your primary contacts and at your disposal.

During the process of this cross-border transaction MTEX NS was advised by Werner Heid, President of HGB Management LLC.

As we embark on this journey together, I extend my heartfelt gratitude for your continued support and trust.

Together, let's seize the opportunities that lie ahead and redefine the benchmarks of success in our industry.

Warm regards,
Elói Ferreira

Read the press release here


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