Leeds firm Flexible Vision, which went into administration in May, had two gravure presses including an eight-colour Rotomec.
According to Excelsior managing director David Moorcroft, the acquisition now brings the total number of gravure presses at the company to three. Excelsior also has a flexo machine.
"We've been successful in producing microwave steam cooking packaging," he said. "The market demands high quality print and gravure can do that."
The administrator Kroll had made the entire 34-strong workforce redundant at Flexible Vision but Moorcroft said that he planned to return the plant to full production.
Excelsior Technologies is a manufacturer of cast polypropylene, medical packaging, specialist sealing films and laminates.
"We have enjoyed dramatic growth with the systems we have got," said Moorcroft. Domino basks in growth with profit increaseA mixture of organic growth and acquisitions has helped Domino Printing Sciences grow turnover by 7% and profit by 8% in the first half of the year.
In interim figures released on 28 June, the Cambridge digital specialist posted sales of 92m for the first six months of the year, and pre-tax profit of 12.4m.
Domino group managing director Nigel Bond said that the 7% growth in sterling turnover translated to 9% in local currencies, of which 3% was added by "organic growth".
The other 6% came from the group's three recently-acquired businesses, German firms Wiedenbach and Pri-Ma-Tech and fume extraction specialist Purex.
Bond also revealed that the firm has signed the first orders for its K-series high-speed ink-jet printers, but declined to say who had bought the machines, which were launched last week.
Story by Philip Chadwick
Excelsior buys Flexible assets
Flint-based Excelsior Technologies has bought the assets of Flexible Vision to increase its gravure packaging print quality and capacity.