Muller Martini to restructure to counter difficult economic conditions

The statement issued by the company said that over the coming weeks the search for solutions will be focusing on all manufacturing locations and areas of the group at home and abroad. This will include an in-depth look at consolidating the two main sites in Zofingen and Felben which are not operating at sufficient capacity.

“In order to survive in strong shape, we cannot avoid the need to operate on a smaller scale,” said, Bruno Muller, CEO, Muller Martini Group in a statement issued by the company.

He further added, "However, by concentrating our forces, we will do our utmost to continue to intensify the comprehensive advice we provide to our customers on new investments and in particular in the service area. Our sales and service network regionalisation program, which was initiated last year, gives us a good starting point in this context.” 

"In addition, Muller Martini must adapt the size of the company to a scaled-back market to enable it to continue investing in future-oriented product developments," said Muller. 

Lakshminarayanan P R, director at Muller Martini (India), “This reformation is a growth strategy for our company and will help us in the long run. However, it will not have any implications for the Indian market. Traditionally, India has not been a big market for Muller Martini, however we are bullish about the Indian market.”

In total up to 550 jobs worldwide could be affected by the restructuring.  A decision is expected in the next few months.