Goss, manroland web systems to Combine; Contiweb to Separate
Goss International’s printing press business and manroland web systems, both manufacturers and service providers of web offset printing systems for newspapers, commercial products and packaging, are planning to combine their complementary businesses. The combined company will benefit from the companies’ complementary geographic footprints, create extensive synergies, ensure long-term viability, and provide value-oriented solutions, especially in the area of aftermarket services. In the future, the new entity will be a strong business partner to all international web printers. Subject to regulatory approval, the merger is expected to be completed by the middle of 2018. The Contiweb business of Goss International is not included in this transaction (see below for additional details on Contiweb). Click Read More below for additional information.