FASTechnology Group LLC
For Immediate Release
(Glen Carbon, IL and Lisle, IL)
FASTechnology Group Completes Acquisition of Enternet LLC
FASTechnology Group, a long-standing industry leader in inkjet and custom machine control systems for the printing industry, has completed its previously-announced acquisition of Enternet LLC. Enternet is a well-known and respected supplier of powerful and flexible control systems within the commercial printing and newspaper industries.
For many years, the Enternet suite of inkjet control products has been marketed within the commercial and industrial print marketplace via large OEM channels. Legacy products were branded as the VIP™ family of controls. Resulting from the acquisition, Enternet will be aligned with FASTech’s industry-leading team of engineers and product developers, and, Enternet’s combined suite of product offerings will be available through the FASTech direct-to-customer channel. Mark Breunig, Vice President and General Manager of the Enternet Division added, “The FASTech long-standing business model and direct-to-customer philosophy at FASTech has been a great success but even more important, is that it has been a key benefit to our customers. Our ability to anticipate and respond to our customers’ ongoing needs in a highly volatile marketplace is enhanced by the direct relationships our engineering and service personnel have with our customers.”
Over the past several years Enternet and its lineup of inserter and collator control systems have become the accepted gold-standard within the newspaper packaging control systems marketplace. On a daily basis these mission critical systems help major metropolitan newspapers in managing their inserting process and providing their customers with creative advertising solutions.
Joe Hattrup, President of FASTechnology Group explained, “For many years competing in the same market, we have come to respect Enternet as an innovative supplier. We are confident that the combined resources of both FASTech and Enternet will become a driver of value and innovation for our customers via a synergistic range of product offerings, experience, and entrepreneurial talent unmatched in the industry. We are also eager to build upon Enternet’s strong position in the newspaper inserter and collator controls marketplace.”
Enternet will maintain its primary resources and function as a complete business unit in its current location in Lisle, IL.
For further information please contact:
Joseph A. Hattrup
Vice President Sales And Marketing
FASTechnology Group LLC
47019 Kettle River Drive
Glen Carbon, IL 62034
More about FASTechnology Group
FASTechnology Group is a systems and controls engineering and manufacturing firm. Specific products and services include drive controls, industrial panel design, manufacturing, and targeted products for the bindery and mailing industry. The FASTechnology line of Bindery Controllers and custom projects support applications ranging from the basic to the most complex. Other software products include Bindery Management System tools to assist companies with complex mailing and production tasks.