Manroland web systems and Goss International, both
long-time web offset printing manufacturers and service providers, have
completed the transaction to merge their businesses. The new company will
operate under the name “manroland Goss web systems.”
Alexander
Wassermann, CEO of manroland web systems, will become CEO of the new company
with more than 1,000 employees and global headquarters in Augsburg , Germany Durham , New Hampshire
The
shareholders of manroland web systems and Goss International, the Lubeck-based
Possehl Group and New York-based American Industrial Partners respectively,
will both remain shareholders of the new company supporting the established
business-building strategy.
The
Contiweb business and the manroland web production business are not included in
this transaction and will stay independent as AIP and Possehl portfolio companies,
respectively.
"Both manroland web systems and Goss
International were on a sustainable path to success,” said Wassermann. “We will
strengthen this path by increasing our global reach, continuing our innovative
and focused R&D activities, and enhancing our market presence through
targeted consolidation. Our customers will be able to choose from an even
broader portfolio of products and services, supported by the industry leading
e-commerce platform MARKET-X.”
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