Manroland web systems and Goss International, both long-time web offset printing manufacturers and service providers, have completed the transaction to combine their businesses. The new company will operate under the brand name manroland Goss web systems.
Alexander Wassermann, CEO of manroland web systems, will become CEO of the new company with global headquarters in Augsburg, Germany. The company’s North American headquarters will be in Durham, N.H. Mohit Uberoi, previous CEO of Goss International, will stay connected with the business as a board member and assist the management team with business integration.
The new company will concentrate on four main business areas: System Solutions (highly automated press and post-press equipment including pre-owned offerings, press relocations), Engineered Solutions (mechanical, automation and closed-loop solutions for all types of presses), Service Solutions (service in parts, labour, tele-support and performance based service agreements) and E-Commerce Solutions (electronic marketplace for ordering and logistics performance for all suppliers to the web offset industry).
“Both manroland web systems and Goss International were on a sustainable path to success. We will strengthen this path by increasing our global reach, continuing our innovative and focused R&D activities, and enhancing our market presence through targeted consolidation,” says Wassermann, CEO of manroland Goss web systems.
The shareholders of manroland web systems and Goss International, the Lübeck-based Possehl Group and NY-based American Industrial Partners (AIP) respectively, will both remain shareholders of the new company supporting the established business-building strategy. The Contiweb business as well as the manroland web production business are not included in this transaction and will stay independent as AIP and Possehl portfolio companies, respectively.
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