• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Labels & Packaging
    • Markets
    • Technology
    • Equipment
    • Supplies
    • Buyers' Guide
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Labels & Packaging
  • Markets
  • Technology
  • Equipment
  • Supplies
  • Buyers' Guide
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Editorial
    Columns
    Digital Edition
    eNewsletter Archive
    Our Team
    Subscribe Now
    Advertise Now
    Top Features
    Label Insights: Kocher + Beck highlights GapMaster enhancements

    Die Technology

    Ink Innovation

    E-Commerce Labels

    Contingency Planning
    Breaking News
    Converter News
    European Label News
    Industry News
    Industry People
    M&A News
    New Products
    Expert's Opinion
    Live From Shows
    Top News
    Global Graphics unveils new SmartDFE

    Channeled Resources installs new slitter in Toronto facility

    Kao Collins launches new website for printing inks and services

    Xitron announces addition of Bill Brunone

    Esko and Asahi unveil CrystalCleanConnect flexo platemaker
    Blog
    Video Bites
    Beauty & Personal Care Labels
    Beer Labels
    Beverage Labels
    Flexible Packaging
    Folding Carton
    Food Labels
    Glue-Applied
    In-Mold
    Industrial Labels
    Medical Labels
    Pharmaceutical Labels
    Pressure Sensitive
    Prime Labels
    Promotional Labels
    Security Labels
    Shrink
    Smart Labels
    Specialty Labels
    Spirits Labels
    Wine Labels

    S-OneLP launches Cannabis Resource Guide

    Bobst announces virtual packaging industry event

    Enprom helps converter respond to flexible packaging needs

    anytron assists medical device company with labeling

    Deep dive into the packaging supply chain
    Africa
    Asia
    Australia
    China
    Europe
    India
    Latin America
    Middle East
    North America

    Bailprint Labels installs Nilpeter FA-17

    Domino promotes Jessie Van Apeldoorn

    Controlling static and contamination in label production

    Touring Creative Labels of Vermont

    Collaboration helps propel Creative Labels of Vermont
    Flexography
    Digital Printing
    Prepress
    Finishing
    Sustainability

    Global Graphics unveils new SmartDFE

    Channeled Resources installs new slitter in Toronto facility

    Kao Collins launches new website for printing inks and services

    Xitron announces addition of Bill Brunone

    Esko and Asahi unveil CrystalCleanConnect flexo platemaker
    Digital Printers & Presses
    Flexo Presses
    Label Converting Equipment
    Label Finishing Equipment
    Prepress Equipment

    Esko and Asahi unveil CrystalCleanConnect flexo platemaker

    Bailprint Labels installs Nilpeter FA-17

    Bobst enhances design of Mouvent LB701-UV digital label press

    Epson SurePress reaches milestone

    Maxcess updates user interface for Fife guiding Sensor
    Dies And Tooling
    Flexo Supplies
    Ink & Coatings
    Prepress Supplies
    Pressrooom Supplies
    Substrates

    Channeled Resources installs new slitter in Toronto facility

    Kao Collins launches new website for printing inks and services

    Acucote expands Insights educational program

    Sakata INX and INX International continue sustainability efforts

    Monadnock Paper Mills joins SGP
    All Companies
    Categories
    Company Profiles
    Label Converters
    Trade Associations
    Add New Company
    International Buyers Guide Companies
    Mechanical Specialties, Inc.

    QC Electronics, Inc.

    UPM Raflatac

    Corotec Corporation

    Flexo Label Advantage Group LLC (FLAG)
    Industry Events
    Webinars
    Live from Show Events
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers' Guide
      • All Companies
      • Categories
      • Company Profiles
      • Label Converters
      • Trade Associations
      • Add Your Company
    • Labels & Packaging
      • Beauty & Personal Care Labels
      • Beer Labels
      • Beverage Labels
      • Flexible Packaging
      • Folding Carton
      • Food Labels
      • Glue-Applied
      • In-Mold
      • Industrial Labels
      • Medical Labels
      • Pharmaceuticals Labels
      • Pressure Sensitive
      • Prime Labels
      • Promotional Labels
      • Security Labels
      • Shrink
      • Smart Labels
      • Speciality Labels
      • Spirits Labels
      • Wine Tables
    • Markets
      • Africa
      • Asia
      • Australia
      • China
      • Europe
      • India
      • Latin America
      • Middle East
      • North America
    • Equipment
      • Digital Printers & Presses
      • Flexo Presses
      • Label Converting Equipment
      • Label Fishing Equipment
    • Supplies
      • Dies And Tooling
      • Flexo Supplies
      • Ink & Coatings
      • Prepress Supplies
      • Pressrooom Supplies
      • Substrates
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Videos
    • Podcasts
    • Infographics
    • Blog
    • Whitepapers
    • Events
      • Industry Events
      • Live from Show Events
      • Webinars
    • Jobs
    • Resources
      • Supplier Gallery
      • Literature Showcase
      • Homepage Showcase
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Heidelberg selling Gallus

    Heidelberg is pursuing realignment following the difficult situation created by COVID-19.

    Heidelberg selling Gallus
    Related CONTENT
    • Fort Dearborn sets Speedmaster XL 106 impression world record
    • Big deal – the Gallus/benpac saga ends in tears
    • CEC expands into labels and packaging with Heidelberg
    • Gallus Group sale not completed
    • UFlex doubling capacity of aseptic liquid packaging plant
    L&NW Staff07.22.20
    Heidelberger Druckmaschinen AG (Heidelberg) has announced it is systematically pursuing the company’s realignment. Having decided to focus on its core business of sheetfed printing, Heidelberg is selling the Gallus Group to the Swiss packaging business benpac holding ag in Stans.

    The decision has been made due to the challenging situation created by COVID-19.

    In the future, Heidelberg and benpac will work together closely on the Gallus Labelfire digital label press. Heidelberg will continue supplying the digital printing unit (DPU) and consumables for this press.

    “We are selling our narrow-web rotary and rotary flexographic printing activities to focus more closely on innovative solutions for the entire printed sheet value chain. We will be retaining our in-house digital expertise and, by collaborating with benpac on the Gallus Labelfire, we will also be making further progress with the digitization of conventional presses. At the same time, we will remain a major supplier on the growing label market with our sheetfed offset presses,” says Heidelberg CEO Rainer Hundsdörfer.

    The transaction will see benpac assume ownership of Gallus Holding AG in St. Gallen, Gallus Ferd. Rüesch AG in St. Gallen; Gallus Druckmaschinen GmbH in Langgöns; Heidelberg Web Carton Converting GmbH (WCC) in Weiden in der Oberpfalz; and Menschick Trockensysteme GmbH in Renningen – five sites with a total of some 430 employees in Germany and Switzerland.

    With an agreed purchase price of some 120 million euros, Heidelberg is expecting the deal to generate earnings in the mid two-digit million-euro range. The parameters will be finalized at the time of closing. The sale, which still needs to be approved by the relevant bodies and is subject to other condition precedents, is set to take effect before the end of 2020.

    “Our aim is to ensure the long-term financial stability of Heidelberg and all the measures since our transformation started in March this year have been geared toward this objective. Selling the Gallus Group is another key part of our realignment and follows on from the successes we have achieved so far during the transformation process. This further major boost to our liquidity and Group equity will be a big help, especially during the coronavirus crisis,” underlines Heidelberg CFO Marcus A. Wassenberg.

    Gallus customers will continue to benefit from the proven quality and reliability of the company's global network.

    "The acquisition of the Gallus Group is of great strategic importance for benpac holding ag. It completes our overall range in the packaging sector and ensures that the entire value chain is covered. The expertise of the Gallus Group will contribute to the further development of our group of companies," says Marco Corvi, CEO and chairman of the Board of Directors of benpac holding ag.

    For more on a recent Gallus success story with Hub Labels, click here.
    Suggested For You
    Fort Dearborn sets Speedmaster XL 106 impression world record Fort Dearborn sets Speedmaster XL 106 impression world record
    Big deal – the Gallus/benpac saga ends in tears Big deal – the Gallus/benpac saga ends in tears
    CEC expands into labels and packaging with Heidelberg CEC expands into labels and packaging with Heidelberg
    Gallus Group sale not completed Gallus Group sale not completed
    UFlex doubling capacity of aseptic liquid packaging plant UFlex doubling capacity of aseptic liquid packaging plant
    L&NW L&NW's most read features in 2020
    L&NW’s top headlines of 2020 L&NW’s top headlines of 2020
    Digital and Hybrid Printers and Presses Digital and Hybrid Printers and Presses
    Sweden Sweden's Nordvalls adds two Gallus Labelmaster presses
    Companies To Watch:  Gamse Labels & Packaging Companies To Watch: Gamse Labels & Packaging
    MIS Update MIS Update
    Heidelberg announces Heidelberg announces 'Innovation Week'
    Cerm completes management buyout agreement with Heidelberg Cerm completes management buyout agreement with Heidelberg
    Gallus explains RCS 430 at Labelexpo Europe Gallus explains RCS 430 at Labelexpo Europe
    GM Nameplate makes custom face shields with Heidelberg’s Versafire EV GM Nameplate makes custom face shields with Heidelberg’s Versafire EV

    Related Breaking News

    • Digital Printing
      Global Graphics unveils new SmartDFE

      Global Graphics unveils new SmartDFE

      Global Graphics Software has partnered with Hybrid Software, Meteor Inkjet and Xitron to create a smart product for labels and packaging.
      Greg Hrinya, Editor 04.21.21

    • Finishing | Substrates
      Channeled Resources installs new slitter in Toronto facility

      Channeled Resources installs new slitter in Toronto facility

      The Catbridge 900 was purchased for CRG’s silicone coating division, GMC, in Toronto, Ontario.
      Greg Hrinya, Editor 04.21.21

    • Digital Printing | Ink and Coatings
      Kao Collins launches new website for printing inks and services

      Kao Collins launches new website for printing inks and services

      The site delivers expertise and technical know-how for the company’s three brands: Kao Collins, Kao Chimigraf, and Kao Corporation Chemical Business.
      Greg Hrinya, Editor 04.21.21


    • Digital Printing | Prepress
      Xitron announces addition of Bill Brunone

      Xitron announces addition of Bill Brunone

      As director of business development, he will focus on Xitron’s advanced DFE, designed for desktop, production, and industrial inkjet applications.
      Steve Katz 04.21.21

    • Flexography | Prepress | Prepress Equipment
      Esko and Asahi unveil CrystalCleanConnect flexo platemaker

      Esko and Asahi unveil CrystalCleanConnect flexo platemaker

      The system fully automates the entire platemaking process, from imaging and exposure through to plate production.
      Steve Katz 04.21.21

    • Digital Printing | Finishing | Flexography | Prepress | Sustainability
      Successful start for virtual.drupa

      Successful start for virtual.drupa

      About 17,000 registered visitors from 155 nations benefitted from 660 minutes of education in the Conference Area.
      Steve Katz 04.21.21


    • Europe | Flexo Presses | Flexography
      Bailprint Labels installs Nilpeter FA-17

      Bailprint Labels installs Nilpeter FA-17

      The Manchester-based converter opted for the new press in its efforts to modernize, while increasing speed and efficiency.
      Steve Katz 04.21.21

    • Substrates | Sustainability

      PPG releases 2020 Sustainability Report

      Throughout last year, PPG improved the sustainability of its products, processes and operations, decreasing its overall global environmental footprint.
      Greg Hrinya, Editor 04.20.21

    • GAA merges with AIMCAL

      GAA merges with AIMCAL

      The agreement creates an organization with a common mission, organizational structure, and programming.
      Steve Katz 04.20.21


    • Substrates | Sustainability
      Acucote expands Insights educational program

      Acucote expands Insights educational program

      Both recent Insights articles also include short video blogs, which highlight key points.
      04.20.21

    • Flexible Packaging | Prime Labels | Specialty Labels
      S-OneLP launches Cannabis Resource Guide

      S-OneLP launches Cannabis Resource Guide

      The free guide aims to help label and flexible packaging converters navigate the emerging legal cannabis marketplace.
      Steve Katz 04.20.21

    • Digital Printing | North America
      Domino promotes Jessie Van Apeldoorn

      Domino promotes Jessie Van Apeldoorn

      Van Apeldoorn, approaching her seventh year with Domino, has been named digital printing lead installation engineer.
      Greg Hrinya, Editor 04.20.21


    • Ink and Coatings | Sustainability
      Sakata INX and INX International continue sustainability efforts

      Sakata INX and INX International continue sustainability efforts

      HAVI is recommending Sakata’s Botanical ink brand EcoPlata and INX’s INXhrc inks for food packaging.
      Greg Hrinya, Editor 04.19.21

    • North America
      TLMI reveals Eugene Singer Award winners at Virtual Spring Summit

      TLMI reveals Eugene Singer Award winners at Virtual Spring Summit

      Rose City Label and Blue Label Digital Printing were recognized for the first time.
      Greg Hrinya, Editor 04.16.21

    • North America | Substrates | Sustainability
      Monadnock Paper Mills joins SGP

      Monadnock Paper Mills joins SGP

      Monadnock has long sought to craft sustainable and premium printing, packaging, and specialty technical papers for global brands.
      Greg Hrinya, Editor 04.16.21


    Trending
    • Collaboration Helps Propel Creative Labels Of Vermont
    • Dscoop Plans For Edge Fusion
    • TLMI Delivers Optimism About Future Of Label Industry
    • VideoBite: Sun Chemical Drives Label And Packaging Innovation
    • Digital Embellishment Makes Labels Shine
    Breaking News
    • Global Graphics unveils new SmartDFE
    • Channeled Resources installs new slitter in Toronto facility
    • Kao Collins launches new website for printing inks and services
    • Xitron announces addition of Bill Brunone
    • Esko and Asahi unveil CrystalCleanConnect flexo platemaker
    View Breaking News >
    CURRENT ISSUE

    April 2021

    • Label Insights: Kocher + Beck highlights GapMaster enhancements
    • Die Technology
    • Ink Innovation
    • E-Commerce Labels
    • Contingency Planning
    • Narrow Web Profile: Executive Label
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Martin Bauer Announces Installation of Agile Filling System at Bethlehem, PA Facility
    PepsiCo and Ingredion Begin Pilot Partnership with Soil and Water Outcomes Fund
    Innova Market Insights: Sports Nutrition Must Focus on Flavors for Mainstream Consumers
    Coatings World

    Latest Breaking News From Coatings World

    Axalta Coating Systems Announces $625 Million Increase to Share Repurchase Program Authorization
    Keim-additec Hires Tyler John as Technical Sales Manager
    Nouryon Appoints Julie Aslaksen to Board of Directors
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Medtronic Receives FDA Approval for Pipeline Flex Embolization Device with Shield Technology
    Johnson & Johnson Vision Unveils Acuvue Abiliti
    J&J’s Veritas Vision System Receives FDA Clearance and CE Mark
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Waters and Genovis Enter Biopharmaceutical Partnership
    Frontage Acquires Ocean Ridge Biosciences
    AGC Biologics Expands Partnership with Rocket Pharmaceuticals
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    How Do Americans Feel About Diversity in Beauty Advertising?
    Estée Lauder Companies Reaffirms Sustainability Goals for Earth Month
    Coty’s Lancaster Earns C2C Certified Material Health Certificate
    Happi

    Latest Breaking News From Happi

    FDA Cites Disinfection Issues at Proposed Vaccine Production Site
    It's Official! L'Oréal Gets New CEO on May 1
    New Beauty Brand sk*p Wants to Break Addiction to Plastic
    Ink World

    Latest Breaking News From Ink World

    Kumon North America Adds Speedmaster XL 106 from Heidelberg
    SE-DA Invests in Kornit Presto S
    Acrylic Resins Market Worth $21.9 Billion by 2025: MarketsandMarkets
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Global Graphics unveils new SmartDFE
    Channeled Resources installs new slitter in Toronto facility
    Kao Collins launches new website for printing inks and services
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Savaré Strengthens Technical Support for the Americas
    FiberVisions, Avgol Partner with Polymateria
    High-Tech Conversions Launches Wipes Dispenser
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Patients Conclude Clinical Visits in Knee Osteoarthritis Treatment Study
    SeaSpine Begins Limited Rollout of WaveForm TO 3D-Printed Interbodies
    Spinal Elements' Lucent 3D Additive Manufactured Interbodies Earn FDA Nod
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    SEMI Appoints imec, Soitec Executives to Europe Advisory Board
    TechBlick Announces Agenda For Next Printed, Hybrid, Structural, 3D Electronics Virtual Event
    NREL Takes Novel Approach to 3D-Printed Water Power Prototypes

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login