Gallus Looks to Strengthen Its Grip on Roll-fed Carton Converting
ST. GALLEN, SWITZERLAND—The Gallus Group has entered negotiations with the shareholders of BHS Druck und Veredelungstechnik (BHS) to acquire its entire equity interest. Gallus acquired 30 percent of the company’s shares in October 2005.
The acquisition of BHS would allow Gallus to expand its current product portfolio into the folding carton market with wide-web machines. In addition, the company would acquire high-quality diecutting technology for roll-fed solutions, thus enabling it to reach a broader customer base.
Gallus will create an integrated and autonomous business unit for this newly acquired folding carton business. The new business unit will complement the Heidelberg range of technologies designed for folding carton applications.