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Morvest Mithratech is the second South African company to install an Edale press in recent months.
August 21, 2012
By: Greg Hrinya
Editor
Edale, a UK-based manufacturer of flexographic printing presses and converting equipment, has confirmed the sale of an Edale Gamma to Morvest Mithratech (Pty) Ltd. in Johannesberg. The Gamma is a 430mm web width, fully servo-driven flexo press. The company recently installed a 510mm wide servo-driven Edale Sigma at Afripack Labels in Pinetown, South Africa. The Edale Gamma flexo press incorporates the latest in UV flexo technology and makes extensive use of independent servo drives for accuracy and flexibility, the company said in a statement. It is capable of printing on a variety of substrates from 12 micron unsupported film up to 600 micron carton board – at speeds up to 200m/min. Morvest Mithratech, a subsidiary of Morvest Business Group Ltd. with a staff complement of more than 2,000 and an international footprint in Africa, India and the US, saw a rise in demand for their product offerings and contacted Edale’s South African representative, Ferrostaal Pty. The deal was concluded after further meetings with Edale at drupa, and visiting one of Edale’s existing Gamma customers in the UK. “We are very excited about this strategic purchase as it not only brings the latest technology to the Mithratech production operations both for scratch cards as well as for general printing, but also true value and a competitive advantage to our business. This investment forms part of the Group’s strategy and further cements Mithratech’s foothold as the market leader in Africa, by allowing us to offer the best value, quality and most competitive pricing structures”, said Faheem Varachia, Morvest Mithratech’s managing executive. Floors Coetzee, product manager of Edale’s South African representatives, Ferrostaal Pty says, “We have seen an increased interest in Edale products within South Africa and were delighted to achieve the Afripack sale, but to then follow this up with the Gamma line was incredible and we look forward to seeing more installations throughout South Africa soon”.
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