Media One Digital Imaging Solutions has acquired the U.S. business and assets of Premex Solutions, expanding its digital textile platform with additional fabrics, technical expertise and capabilities for the home décor and apparel markets. Financial terms were not disclosed.
Premex supplies print-ready fabrics for the digital textile printing industry and builds on the more than 40-year textile history of its parent company, Premier Textiles UK.
Media One plans to integrate Premex into a portfolio that already includes Fisher Textiles and Hyperflex Vinyls.
The acquisition expands the range of fabrics and applications available to Media One and Fisher Textiles customers, particularly in interior décor, home décor and fashion.
Premex brings expertise in natural and specialty textiles along with print-ready and pre-treated fabrics and established U.S. customer relationships.
Combining those capabilities with Media One’s printing technology, equipment, inks, finishing systems, distribution network and nationwide technical support creates a broader end-to-end digital textile offering.
Premex customers will continue working with the same employees and products while gaining access to Media One’s larger service and technology platform.
The transaction also extends Media One’s integrated business model further beyond wide-format printing equipment and into a wider portion of textile production.
KEY QUOTES:
“Premex has developed best-in-class print-ready and pre-treated fabrics, along with real technical depth in natural and specialty textiles that complements our own printing technology and service expertise.”
Jake Feldman, CEO of Media One
“We believe Media One shares our commitment to customers, people and the textile industry and has the capabilities and vision to build on that legacy for many years to come.”
Ashok Kallumpram, Managing Director of Premier Textiles
