Industry News, Printers News

Heidelberg Steps Up Activities in Packaging Market

Masterwork Group Co., Ltd. from China aiming to use capital increase to obtain a stake in Heidelberg

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Heidelberger Druckmaschinen AG is looking to improve its market position in the growing packaging printing segment by taking its long-standing sales partnership with Masterwork Group Co., Ltd., China’s largest manufacturer of die-cutters and hot-foil embossing machines, to a new level.   Based in the Chinese city of Tianjin, Masterwork is to obtain approximately 8.5% of the Heidelberg share capital under a cash capital increase from authorized capital excluding shareholder subscription rights. T...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters