Bunting Magnetics acquires Magnet Applications Group

-- Converting Magazine, 4/10/2008

Newton, KS-based Bunting Magnetics Co. (www.buntingmagnetics.com), a supplier of magnetic cylinders and bases for flexographic printing, acquired the Magnet Applications Group Ltd. (MAGL) (www.magnetapplications.com) on April 4. Founded in 1955, MAGL has manufacturing operations in Berkhamsted, England, and Dubois, PA, where it makes technical bonded magnets, precision magnetic assemblies and complementary magnet products.

“This acquisition represents a strategic combination that significantly expands Bunting’s product and market scope,” says Robert J. Bunting, president of Bunting Magnetics. “MAGL has outstanding market recognition as a premier manufacturer.”

Bunting Magnetics, which manufactures magnetic cylinders for diecutting, corrugated converting and hot-stamping operations, also has a manufacturing and distribution facility in Elk Grove Village, IL.