BEST Cutting Die Company acquires controlling interest in A&S Precision Knives
located in the UK

CHICAGO, IL (USA) – June 16, 2016 – Robert Porento, VP of BEST Cutting Die Company, announced today the acquisition of A&S Precision Knives, formerly known as Art Pattern & Knife Co. Ltd. Art Pattern & Knife, formed in 1887, originally supplied cutting dies and services to the footwear industry.

Located in Leicester UK, Best Cutting Die UK Ltd., formerly known as A&S Precision Knives, will operate as an independent business. Andrew Shutt and Natasha Shutt, the previous owners of A&S Precision Knives, will continue to manage the business, as well as retain a minority shareholder position.

Mark Langham, will continue as International Sales Director with Best Cutting Die Company USA, and will be the Sales Director for Best Cutting Die UK Ltd.

John Scinteie, will continue as the General Manager of Best Cutting Die Company USA, and will be the Executive Director for Best Cutting Die UK Ltd.

“Even though we already sell products internationally, we look forward to expanding our global reach,” said Rob Porento, VP of Best Cutting Die Company USA. “The acquisition of A&S Precision Knives is a good first step in doing that, providing us with a physical presence in the European market. We’re predicting steady growth for our new acquisition.”

“We are very excited about joining the BEST family, and are confident that their ideas and experience will further enhance our success in providing outstanding customer service in the local and international markets we serve,” said Andrew Shutt, Director of Best Cutting Die UK Ltd. “We look forward to a long and mutually rewarding journey together.”

ABOUT BEST CUTTING DIE
Founded in 1966, Best Cutting Die Company employs over 130 people and is celebrating their 50th anniversary this year. Best Cutting Die Company USA is a complete design and manufacturing facility serving the major converting industries worldwide. Products include cutting systems, cutting tools, and machine and change parts for Non-Woven materials, Envelopes, Direct Mail, Labels and Packaging. BEST Cutting Die Company provides products and services to many of the world’s largest end users, and conducts business with over 20 Machine Builders throughout the world.

For additional information, please contact:
John Scinteie, Executive Director
BEST Cutting Die UK Ltd.
jscinteie@bestcuttingdie.com