Gravotech, an international leader in the marking and engraving markets for over 80 years, has been acquired by Brady Corporation, an international manufacturer and marketer of solutions to identify and protect people, products and places.
Specialist in precision direct part marking and engraving, Gravotech, has joined the Brady Corporation.
Arnaud Linquette, President and CEO of Gravotech commented on this move, saying: “The sale of Gravotech to a market leader in printing and high-performance adhesive material solutions provides us with an opportunity to expand into new markets and generate long-term profitable growth. Over the past several years, we have enhanced our new product development and manufacturing capabilities and broadened our portfolio of precision direct part marking and engraving solutions. We look forward to developing and growing our business further with Brady.”
Former President of Gravotec, Gérard Guyard, who helped develop and drive the company over the past 28 years, said: “The acquisition of Gravotech by Brady, a strong and innovative industrial company, opens a new era of development for Gravotech. Complementarities between Brady and Gravotech are strong, and I am convinced that the combination of both companies will generate significant and robust value.”
From Brady’s perspective, President and Chief Executive Officer, Russell R Shaller said: “We are pleased to welcome the Gravotech team to Brady. Gravotech offers speciality laser and mechanical engraving capabilities for direct part marking in various industries and applications. With the addition of Gravotech we expand our product offering into precision direct part marking and engraving, which aligns with Brady’s market-leading position in product identification solutions and speciality adhesive materials. We intend to expand Gravotech’s market using Brady’s global footprint throughout Europe, Middle East and Africa, Asia and the Americas.”
Gravotech is an international manufacturer and marketer of engraving, marking and traceability solutions addressing applications of personalisation, identification and signage. Gravotech’s product portfolio includes innovative and high performing marking and engraving machines based on laser and mechanical technologies, and a comprehensive range of engraving materials and consumables. Over the years, the company has become a key player and industrial partner for major industrial corporations as well as luxury goods manufacturers and retailers.
Brady Corporation, as an international manufacturer and marketer of identification solutions, supplies products that help customers increase safety, security, productivity and performance. These include high-performance labels, signs, safety devices, printing systems and software. Founded in 1914 and headquartered in Milwaukee, Wisconsin, USA, Brady operates worldwide, serving a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace and other industries.
For more information visit: www.bradyeurope.com
