One of the world's leading providers of imaging technologies for printed packaging materials

Montagu completed the acquisition of Kodak’s Flexographic Packaging Division in April 2019; shortly after the transaction closed, the business was renamed “Miraclon”.  With sales of c. $150 million, Miraclon is one of the world’s leading providers of imaging technologies for the graphics customisation of printed packaging materials.

The company’s flagship flexographic plate imaging system, KODAK FLEXCEL NX, has received industry-wide acclaim for its leading image resolution quality, since debuting on the market in 2008. Flexography is the most common form of packaging printing and can apply images on almost any substrate, with a speciality in flexible packaging.

The company sells its products in more than 70 countries worldwide and has a loyal customer base that continues to enjoy the benefits offered by the KODAK FLEXCEL NX technology. Under Kodak’s stewardship, the business consistently brought new, innovative and leading flexographic solutions to market, delivering strong organic growth above its peers. Going forward, Montagu intends to work in close partnership with the management team to continue the company’s impressive track record of growth, leveraging Montagu’s expertise, network and resources to further strengthen the business.


Deal details

Deal type: Primary Investment Year: 2019 Country: BeNeLux Status: In portfolio Value: Undisclosed Industry Sector: Industrials