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BOBST completes acquisition of Cerutti

BOBST announces the completion on 11 November 2021 of the proceedings relating to Bobst Italia SpA’s successful final tender offer for the acquisition of the assets of Officine Meccaniche Giovanni Cerutti SpA and Cerutti Packaging Equipment SpA, including the service company 24/7 Cerutti Service S.r.l., (Cerutti).

Milliken & Company Acquires Encapsys, LLC

Milliken & Company (“Milliken”), a global diversified manufacturer with more than a century and a half of materials science expertise, has formally acquired Encapsys, LLC (“Encapsys”), a world leader in microencapsulation, from the Cypress Performance Group LLC (“Cypress”). The transaction officially closed October 18, 2021.

Completion of the sale of Fedrigoni’s Security business to Portals

Fedrigoni, one of the leading European producers of specialty papers and self-adhesive labels, and Portals, one of the world leaders in banknote and security paper production, have completed the sale of Fedrigoni’s Security business based in Bollate, including its employees and assets, as originally announced on 28/04/2021. In a separate transaction, Portals may exercise by year-end an option to purchase certain banknote and passport paper assets, including production machinery, from the Fabriano security division of Fedrigoni.

MPS celebrates 25th anniversary

Founded in 1996 on November 1st, MPS Systems celebrates their 25th anniversary this year. The company reflects on its history and where they are today.
The company’s history began 25 years ago when Bert van den Brink and Eric Hoendervangers, two former employees of Stork (SPG prints today), started their own business to develop an improved flexo press. Together with Henk Wientjens, also a former Stork colleague, they founded Multi Print Systems.

Henkel further invests in the start-up LoveLocal from India

Henkel participates in a funding round in the Indian start-up LoveLocal to further strengthen its direct-to-consumer expertise. The investment in LoveLocal under the umbrella of Henkel dx Ventures helps the company to gain insights about the retail markets and consumer behavior in emerging market.

TRUMPF sales revenues above previous year // Record growth in order intake // EBIT margin rises to 10.5 percent

High-tech company TRUMPF presents figures for the fiscal year 2020/21: Despite coronavirus restrictions, sales revenue increases slightly by 0.5 percent to 3.5 billion euros / Order intake rises by 19.7 percent to record level of 3.9 billion euros / New work alliance with high flexibility in terms of working hours

Koenig & Bauer continues on the path to recovery during the first nine months with a strong third quarter 2021

Order intake up 56.2% in Q3: significant increase in the Special and Sheetfed segments as well as preliminary signs of a recovery in Digital & Webfed

Revenue up 18.2% in Q3 with a book-to-bill ratio of 1.24 and a historically high order backlog of €823.2m
Another strategic milestone reached: world premiere of the VariJET digital press following the already successful market launch of the CorruCUT and RotaJET
P24x efficiency programme reaches planned savings target for 2021 after nine months, underpinning the increase in EBIT to €10.3m in Q3
Increase of €76.4m in free cash flow to €14.3m, taking Koenig & Bauer back to its pre-pandemic net financial position
Forecast for 2021: 2% EBIT margin on revenue of €1,100 – 1,135m and medium-term targets confirmed

Siegwerk and Rotopack form joint venture in Pakistan

By founding the new company Siegwerk Pakistan Ltd., Siegwerk and Rotopack partner to deliver high-quality inks and coatings to the printing and packaging markets in Pakistan. The partnership allows Siegwerk to significantly strengthen its footprint in South Asia expanding its global brand availability.


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