Heidelberg out of Gallus again after six years

Jul 29, 2020 at 07:12 pm by Staff


German press maker Heidelberg has agreed to sell its Gallus narrow web operation to Swiss asset manager Benpac.

The 2014 deal under which Heidelberg had acquired control of Gallus had made Ferd Ruesch AG Heidelberg's largest shareholder at nine per cent. An ongoing support agreement will see Heidelberg continue to back up the Labelfire 340's digital engine.


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