Bobst Group SA, Prilly/Switzerland, and the owners of Fischer & Krecke have signed an Agreement on 20 September 2007 for Bobst Group to acquire the Fischer & Krecke Group, Bielefeld/Germany. This acquisition is subject to due diligence and merger control approval. These processes will be initiated immediately. Closing is foreseen end 2007 or early 2008.
This planned acquisition is in line with the strategy of Bobst Group to expand its activities in the flexible materials industry.
The main activities of the Fischer & Krecke Group are located in Germany. Net sales totaled Euro 73m in 2006. The number of employees is approximately 370. Fischer & Krecke Group offers its customers flexographic printing presses under the brand name Fischer & Krecke and rotogravure printing presses under the brand name Kochsiek.
Bobst Group is the leading supplier of equipment and services for the folding carton, corrugated board and flexible materials industries. A wide range of products, manufactured in various countries, is marketed through a dedicated sales and service network with offices in more than 30 countries.
This planned acquisition is in line with the strategy of Bobst Group to expand its activities in the flexible materials industry.
The main activities of the Fischer & Krecke Group are located in Germany. Net sales totaled Euro 73m in 2006. The number of employees is approximately 370. Fischer & Krecke Group offers its customers flexographic printing presses under the brand name Fischer & Krecke and rotogravure printing presses under the brand name Kochsiek.
Bobst Group is the leading supplier of equipment and services for the folding carton, corrugated board and flexible materials industries. A wide range of products, manufactured in various countries, is marketed through a dedicated sales and service network with offices in more than 30 countries.
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