Muller Martini takes over Hunkeler in mega-merger
Muller Martini acquired Hunkeler in a post-press mega-merger. The deal was confirmed on 6 December 2023.
08 Dec 2023 | 4210 Views | By Noel D'Cunha
According to Muller Martini CEO Bruno Muller, the Hunkeler name and Hunkeler Innovationdays event will be retained.
Both manufacturers are family-owned. As stated in a joint statement, the merger resulted from careful consideration on all sides.
The Hunkeler family and Credit Mutuel Equity have sold all their shares to Muller Martini.
The terms of the deal were not disclosed.
Muller Martini, founded in 1946 and headquartered in Switzerland, employs 1,300 people worldwide. The companies manufacture a range of finishing systems, including binding lines and stitchers, used in commercial print, books, mailings, and publications. Both have operations in Germany.
Hunkeler was founded in 1922 and currently employs 280 people. The company is known for its pre- and post-press systems, which are widely used in high-speed digital printing applications.
Hunkeler has also been successful with its biennial event, Hunkeler Innovationdays. In a recent update, Muller Martini CEO Bruno Muller confirmed that the Hunkeler name and the Hunkeler Innovationdays event would be retained after Muller Martini acquired the company.
Muller stated that the graphic arts industry is constantly changing, and new innovations are frequently required. “By combining the two companies' personnel, expertise, and technology, they will be able to provide innovative solutions to their global clientele in the future.”
Stefan and Michel Hunkeler, the former owners, also expressed their satisfaction with the merger, stating that it will bring considerable advantages to both partners and their customers.
In India, Muller Martini has its sales and service office in New Delhi.
Muller Martini CEO Bruno Muller said, “Hunkeler remains a separate organisation as an important new member of the Muller Martini group,” he stated.
Turnover was not disclosed for either organisation, but he confirmed that “both companies are profitable”.
Regarding the enlarged group's plans for distribution partners versus direct sales, he said: “The future global market coverage for sales and service will be defined carefully over the coming months as part of an integration project.”
(With inputs from PrintWeek, UK)