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Acquisition is centered around developing growing market for digital label production
June 10, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Heidelberger Druckmaschinen AG has announced it will take ownership over the 70% of shares in label press maker Gallus it does not already own. Swiss group Ferd. Rueesch AG, the previous owner of Gallus, will become its new anchor investor, acquiring about a 9% stake, and will contribute its 70%stake in Gallus as contribution in kind against the issue of new Heidelberg Druck shares. The planned complete takeover of Gallus accelerates the development and use of Heidelberg’s digital products in ...
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