The management board of Heidelberger Druckmaschinen AG (Heidelberg), with the approval of its supervisory board, has elected to acquire Gallus Holding AG, parent company of Gallus, a leading supplier in the packaging industry for labels and folding boxes.
The planned complete takeover of Gallus Holding AG accelerates the development and use of Heidelberg’s digital products in the growing labels sector. In fall of this year, Heidelberg and Gallus will be unveiling a new digital printing system for the label market that incorporates Fujifilm technology.
“We are very proud to have won Ferdinand Rüesch as anchor investor with long-standing sector knowledge,” said Heidelberg CEO Gerold Linzbach. “The full acquisition of Gallus will further enhance the cooperation of the two companies. Together, we will continue to foster the development in the growing market for digital label production.”
“Both, the enhanced capital structure and the operative synergies will create the room required to further enhance the product and service range of both companies,” said Dirk Kaliebe, CFO at Heidelberg. “This is the starting signal for the profit focused alignment of our portfolio and the steps required in this context.”