“This acquisition positions Lowen to enter several new markets and to continue to broaden our footprint across the printing industry.”
Lowen Corporation has agreed to purchase the assets of Image Transform Ltd in Grimes, Iowa. Image Transform specializes in dye-sublimation fabric printing, retail and point-of-purchase graphics, fine-art reproduction, banners, backlit graphics, museum exhibits, and interior signage.
Image Transform, in business for 39 years, will be renamed Lowen Visual Imaging. The addition of Image Transform's manufacturing facility gives Lowen more than 315,000 square feet of manufacturing and office space and more than 50 large-format industrial press installations in four states, the company reports.
“This acquisition positions Lowen to enter several new markets and to continue to broaden our footprint across the printing industry,” says Matt Lowen, president and CEO of Lowen Corporation.
Ron Cherkas, CEO of Image Transform, says, “Lowen brings their strong reputation and more than 60 years of industry-leading operational excellence to our core markets. We were looking for a strong partner with which to grow into the future and we are excited about being a part of the Lowen family.”
Did you enjoy this article? Click here to subscribe to the magazine.