Manroland Web Systems and Goss announce merger
Manroland Web Systems and Goss International have announced a merger of their businesses. The merger was brought into effect on 17 August 2018 and the new company will operate under the name of Manroland Goss Web Systems.
20 Aug 2018 | By Sriraam Selvam
The shareholders of Manroland Web Systems and Goss International, the Lübeck-based Possehl Group and New York-based American Industrial Partners (AIP) respectively, will both remain shareholders of the new company. 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.
Alexander Wassermann, CEO of Manroland Web Systems, will be the CEO of the new company with global headquarters in Augsburg, Germany.
Through this merger, Manroland Goss Web Systems will be “increasing our global reach, continuing our innovative and focused R&D activities, and enhancing our market presence through targeted consolidation,” said Wassermann.
The new company will concentrate on four main business areas: System Solutions (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).