Bobst Group reinforces its position in the converting industry

Bobst Group and the owner of Nuova Gidue Srl, an Italian manufacturer of narrow and mid-web printing presses, recently signed an agreement by which Bobst Group acquires 65 percent of Nuova Gidue Srl, with the option to purchase the remaining shares. The owner of Nuova Gidue Srl will remain in the company as CEO and shareholder. Both parties have agreed not to disclose any information concerning the conditions of the transaction.

Nuova Gidue Srl provides highly automated narrow and mid-web in-line flexographic and offset presses for the self-adhesive labels industry and short-run solutions for packaging converters. With the innovative technologies of Nuova Gidue Srl, BOBST will extend its already wide range of printing and converting solutions and the purchase confirms its strategy of expansion in the label industry.

Group Publications