Industry News, Mergers and Acquisitions, Printers News

Bobst Group Acquires Majority Stake in Nuova Gidue Srl

Reinforces its position in the converting industry by adding narrow web and mid-web flexo and offset specialist.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Bobst Group and the owner of Nuova Gidue Srl, an Italian manufacturer of narrow and mid-web printing presses, signed an agreement on by which Bobst Group acquired 65% of Nuova Gidue Srl, with the option to purchase the remaining shares.   The owner of Nuova Gidue Srl will remain in the company as CEO and shareholder. Both parties have agreed not to disclose any information concerning the conditions of the transaction.   Nuova Gidue Srl provides highly automated narrow and mid-web in-line fle...

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