ARVADA, CO—ADAST America Inc. recently announced it had "terminated effective immediately" its long-standing distribution contract with Omnitrade Industrial Co. of Charlotte, NC.
"To maintain a high level of customer satisfaction, ADAST America will establish a new distribution network for our presses in the former Omnitrade territory," said David McMaster, managing director of ADAST America, in making the announcement. Customers are being advised to contact the company's U.S. headquarters (303-423-1200; www.adast-america.com) to be learn about their service options during the transition.
According to McMaster, the reason for ending contract was the announcement by the new owners of Omnitrade's parent company in the Czech Republic, Transakta, that the company would no longer pursue its interest in the U.S. graphic arts marketplace. "Over 65% of the former Ominitrade territory has already been assigned to the existing dealer network. We are in negotiations for the remaining portions, and will announce the new dealer structure in the coming weeks," he adds.