M&R Acquires Novus Imaging
The M&R Companies (Booths 531 and 621) acquired Novus Imaging. The acquisition process began with a Novus inquiry about M&R’s excess manufacturing capacity. When M&R expanded in 2015, it purchased a facility with room for future expansion.
According to Mike Mills, President & CTO of Novus Imaging, it was the growing demand for Novus products that led them to reach out to M&R. Says Mills, “We were aware of M&R’s recent expansion, so I contacted CEO Rich Hoffman to see if M&R would be interested in helping us fill that need. We quickly realized that a far greater opportunity might be awaiting our companies.”
In recent years, M&R expanded into computer-to-screen imaging with the i-Image Series, and into direct-to-garment digital printing with the M-Link line and, according to Hoffman, “We were already looking at ways to incorporate inkjet printing into our graphics and industrial printing line.”
The combination of M&R’s size, manufacturing capacity and worldwide sales and service network dovetails seamlessly with Novus Imaging’s expertise in large-format imaging. “It seems appropriate that one of our flagship printers is named Synergia given the synergy we expect from this venture,” says Mills.
Hoffman concurs, saying, “We’re looking forward to combining our manufacturing, service, and sales resources with Novus Imaging to provide greater access to equipment and enhanced levels of service and support for current and future Novus customers.”