Contiweb to Become Independent Company

Contiweb, a renowned specialist in state-of-the-art technologies for advanced drying and web-handling products for printing, has announced its plan to formalize its separation and operate as an independent company. Goss and manroland web systems announced the combination of their printing press businesses, with expected completion in mid-2018, subject to regulatory [and other] approvals. After the transaction closes, Contiweb will become a separate company under the ownership of American Industrial Partners with operations headquartered in Boxmeer, Netherlands.

As an independent company, Contiweb will continue its growth agenda in becoming the premier ancillary supplier for commercial and digital inkjet printing applications and press supplier for label and packaging applications. In addition, Contiweb will also continue its strong focus on product lifetime support by offering its full suite of aftermarket solutions for customers.

Bert Schoonderbeek, managing director at Contiweb, sees this development as a natural step, following the Contiweb repositioning in 2016. “We will continue to build upon our successful relationship with both Goss and manroland and are looking forward to continuing the cooperation as a strong partner of the combined company as we pursue other diversification opportunities. Contiweb’s separation marks a new era for further growth of the company.“

Until the transaction closes, sales and service channels will remain unchanged.

Source: Contiweb.

The preceding press release was provided by a company unaffiliated with packagePRINTING. The views expressed within do not directly reflect the thoughts or opinions of the staff of packagePRINTING.