Erhardt+Leimer and AVT to Form Strategic Alliance
System solutions and process control equipment supplier Erhardt+Leimer and AVT (Advanced Vision Technology), a print inspection, print process control, and quality assurance provider, have announced their intention to form an alliance that will broaden product portfolios and strengthen services for customers of both companies, including end users and OEMs. Dr. Michael Proeller, E+L’s CEO, will be appointed chairman of AVT’s Advisory Board and serve as an observer on AVT’s Board of Directors.
The expected agreement makes AVT the official inspection and press control provider for E+L, positioning AVT as responsible for the companies' mutual automatic print inspection solutions development. Each company will then offer solutions from both AVT and E+L to all customers.
As a first step, AVT will acquire E+L’s automatic print inspection solutions and assume responsibility for developing and managing these solutions for both companies’ customers in the label and packaging applications, including the corrugated segment. In return, E+L will be entitled to future earn-outs and a cash payment as per the set terms.
In the next stage, the alliance will offer customers a wider selection of solutions that may originate from either AVT or E+L. This allows both companies to increase customer responsiveness and maximize global footprints.
In a joint press release, the companies noted that one major achievement of this strategic alliance will be the combined level of
Jaron Lotan, CEO of AVT
technological know-how it provides. E+L’s expertise in web, press and vision systems combined with AVT’s inspection, press control and workflow management capabilities will enable the companies to offer unsurpassed end-to-end quality control solutions. The new joint portfolio includes such solutions including label and narrow web inspection, vision and viewing, and color measurement and management.
According to the companies, equipment manufacturers and OEMs will also benefit from the one-stop-shop created by the alliance, providing everything from web guides, measurement systems and viewers to press control solutions, workflow management set-ups and automation.
Sources: Erhardt+Leimer and Advanced Vision Technology.
