Industry News, Mergers and Acquisitions, Printers News

Goss International Acquired by American Industrial Partners

Goal is to strengthen Goss’ position in the web offset printing press market.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Goss International announced that parent company, Shanghai Electric Corporation (SEC), has entered into a definitive agreement to sell Goss International and its subsidiaries to American Industrial Partners (AIP). The agreement forms part of a broader strategy to further strengthen Goss’ position as the world’s leading web-offset printing press supplier.   The AIP transaction is subject to successfully achieving appropriate regulatory approvals and meeting certain closing conditions. It is exp...

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