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Joint Venture in Gravure

SOURCE: DAETWYLER

Peter Daetwyler, owner of the MDC Max Daetwyler Group und Max Rid, owner of the
companies Hell Gravure Systems, K. Walter, and Bauer Logistik unite their activities in
developing, manufacturing, selling, after sales, and service of gravure cylinder making
equipment.

By unifying their enterprises they will now be able to offer the full spectrum of technologies
as seamlessly integrated systems, which will enhance the competitiveness of the gravure
process. The joint venture will be effective January 1, 2009.
Max Rid and Peter Daetwyler have founded a new corporation with the name
Heliograph Holding GmbH for this purpose. From now on this holding company will be
home to the newly founded Daetwyler Graphics as well as the corporations Hell Gravure
Systems, K.Walter, Bauer Logistik, Schepers, Daetwyler R&D Dayton and their world
wide daughter companies. Within the new holding structure these daughter companies will
continue to distribute Daetwyler doctor blades and diamonds.
Max Rid will head Heliograph Holding as Chief Executive Officer. Additional officers of the
holding corporation will be the CEOs of Daetwyler Graphics, Hell Gravure Systems, and K.
Walter.
A group of independent brands with a complete product line
The new Daetwyler Graphics AG in Bleienbach, Switzerland, will continue MDC
Daetwyler AG´s business of developing, manufacturing, selling and servicing gravure
cylinder making equipment.
The companies joined together inside Heliograph Holding will offer their products under their
own names and their individual brands. The distribution channels including daughter
companies and independent representatives will be united.
In the future, customers will be able to chose between electromechanical and laser based
engraving technologies of Daetwyler, Hell Gravure Systems, and Schepers from one single
source. These products can be combined with plating and automation technology from
K.Walter, surface finishing technology from Daetwyler Graphics, and storage and
transportation technology from Bauer Logistik into completely integrated systems.
Daetwyler SwissTec with its international manufacturing plants for doctor blades located in
Switzerland, USA, China, and India, as well as the Industrial Manufacturing Branch of
MDC Max Daetwyler AG with its Swiss sites in Bleienbach and Ursenbach as well as its
site in Estonia will not be transferred into Heliograph Holding. They will continue to be lead
independently by Peter Daetwyler.

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