Heidelberg is in the process of acquiring the MBO Group, an international company that specializes in postpress equipment, with around € 50 million in sales.
This should improve Heidelberg’s own finishing options for digitally-printed products and will also give Heidelberg access to MBO’s customers in the pharmaceutical industry as well as MBO’s mailing systems products. Heidelberg will take over MBO’s sites in Oppenweiler and Bielefeld, Germany, and the production site in Perifita, Portugal, which employ a total of approximately 450 staff.
Rainer Hundsdörfer, CEO of Heidelberg, explained: “By acquiring MBO’s digital portfolio, we are closing a gap for our customers and helping them achieve a smooth industrial process in the digital future. We also expect to see synergies in our own value added chain, which will bring about tangible benefits for customers, too.”
Heidelberg will keep the MBO brand, which is largely complementary to its own products. The company says that it will optimize the portfolio and supply chain while also continuing to use the MBO dealer and service network.
The deal should complete by the end of this year, assuming it gets the go-ahead from the relevant antitrust authorities.