- October 15, 2008
ST. LOUIS, MO | Mark Andy Inc. has been acquired by newly formed MAI Holdings, held by American Industrial Partners Capital Fund IV L.P. (“AIP”). Finalized on October 8, the acquisition is part of a planned strategy to strengthen Mark Andy's position and foster continued growth as a global leader in printing machine manufacturing.
The management and operational structure of Mark Andy Inc. will not change, and with increased ownership, the team is better positioned to meet the demands of their market and industry, the company reports. The impact of this transition will be transparent to the Mark Andy's customers and market.