benpac holding ag acquires Gallus Group
Stans, Switzerland, July 22, 2020 – benpac holding ag, headquartered in Stans, is acquiring the Gallus Group subsidiaries from Heidelberger Druckmaschinen AG, Heidelberg, along with its production facilities in Switzerland and Germany. The final conditions of the acquisition will be determined upon closing. The acquisition, still subject to board approval and further conditions precedent, is to take effect as early as this year. In making this move, benpac holding ag optimizes its position as an internationally leading consortium in the fields of packaging, engineering, IT technology, and consulting.
Gallus, a subsidiary of Heidelberger Druckmaschinen AG and with production facilities in Switzerland and Germany, is a global leader in the development, production, and sale of conventional and digital narrow-web, reel-fed presses designed for label and packaging printing. As part of the transaction, Gallus Holding AG, Gallus Ferd. Rüesch AG, Gallus Druckmaschinen GmbH in Langgöns, as well as Heidelberg Web Carton Converting GmbH (WCC) in Weiden in der Oberpfalz, and Menschick Trockensystem GmbH in Renningen will all transfer to benpac holding ag in Stans. All companies will continue at their existing locations under the benpac holding ag umbrella.
By January 1, 2020, benpac holding ag had already acquired the assembly operations of Gallus Ferd. Rüesch AG and integrated it into benpac maschinenbau ag at the same location.
Close cooperation in sales and services: benpac and Heidelberg have agreed that Heidelberg will continue running sales and services for the Gallus portfolio after the takeover, with the two working in close cooperation. As a result, Gallus customers will continue to benefit from the proven quality and reliability of the world’s largest service network for the print media industry.
Marco Corvi, CEO und Verwaltungsratspräsident benpac holding ag:
“For benpac holding ag, acquiring the Gallus Group is a hugely important strategic move. We can now complete our range of products and services for the packaging industry and therefore safeguard the entire value chain. The expertise from Gallus Group will ensure that our group develops even further.”
Rainer Hundsdörfer, Chairman of the Management Board at Heidelberg Druckmaschinen AG:
“By selling our narrow-web, reel-fed, and web-fed flexo printing activities, we can continue to focus on innovative solutions across the entire value chain in sheet-fed printing. With this move, we keep digital competence in-house and will continue to digitalize conventional printing presses through our work with benpac on the Gallus Labelfire. Through our sheet-fed offset printing machines we will also continue as a major supplier to the growing label market,” says Rainer Hundsdörfer, Chairman of the Management Board at Heidelberg.”
About benpac holding ag
benpac holding ag is a leading group of companies delivering comprehensive packaging solutions. The group also operates in the fields of engineering, IT technology, and consulting. The international group employs 3,150 people and is primarily active in the US and Asia. The holding has its headquarters in Stans, Switzerland.
About Gallus Group
With production facilities in Switzerland and Germany, Gallus develops and produces conventional and digital narrow-web, reel-fed presses designed for label printing. Its machine portfolio is augmented by a range of screen-printing plates (Gallus Screeny), globally decentralized service operations, and a broad range of printing accessories and replacement parts. Heidelberg Web Carton Converting provides high-end, web-fed printing solutions for folding cartons.