MBO Group to become part of Heidelberger Druckmaschinen AG
It is officially based on the 2nd of October announcement MBO Group is to become a part of Heidelberger Druckmaschinen AG.
However, this should not mean that the MBO brand will seize to exist, quite the contrary it will continue after the takeover. The company is looking to expand its product offering for the growing market of digital print finishing.
"This transaction is a major strategic move for MBO Group to continue driving the process of digitalization and to further develop our digital print finishing product range,” says MBO Group CEO Thomas Heininger.
MBO Group expects sustainable growth from this transaction.
The MBO Group will continue working with Dynagraph exclusively as its Middle East Dealer and use the network of dealers and service providers jointly with Heidelberg. The transaction includes all MBO Group sites with altogether 450 employees and, subject to the approval by the German cartel office, it is expected to be completed by the end of 2018.
MBO Group is a long-established market player, developing, producing and selling high-quality finishing equipment for digital and offset printing as well as for mailing, pharmaceutical, and special applications.
For more information on MBO Group please contact your closest Dynagraph partner.
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