Heidelberg has completed its acquisition of Gallus Holding AG, which should help accelerate the development of its planned digital label presses. The company has already announced a new digital press to be co-developed with Fujifilm printheads, which should be unveiled by the end of September.
The acquisition also means that Heidelberg has now issued 23,000,000 new shares to Ferd. Rüesch AG, in exchange for its stake in Gallus. Thus Heidelberg’s share capital has now increased by €58,880,000 to €659,040,714.24, divided into 257,437,779 no-par value bearer shares.
The deal was originally announced back in June.