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Heidelberg concludes acquisition of Gallus Holding AG

Press release from the issuing company

  • Capital increase against contribution in kind of 23,000,000 shares from authorized capital
  • Contribution of the stake in Gallus Holding AG held by Ferd. Rüesch AG
  • Strategic cooperation of the two companies extended - development of digital printing system for the packaging market

The full acquisition of Gallus Holding AG as resolved by the Management Board of Heidelberger Druckmaschinen AG (Heidelberg) in June 2014 has now been completed. As part of the transaction Ferd. Rüesch AG has been granted 23,000,000 new Heidelberg shares at a face value of € 2.70. By issuing the new shares, the share capital of the company will be increased by € 58,880,000.00 to € 659,040,714.24, divided into 257,437,779 no-par value bearer shares. 

The complete takeover of Gallus Holding AG accelerates the development and usage of digital products from Heidelberg in the growing labels sector. Heidelberg and Gallus will be unveiling a new digital printing system for the label market that incorporates Fujifilm technology at an international customer event in St. Gallen at the end of September. This solution is designed to meet the growing demand for a cost-effective production of short runs and customized labels. With this move, Heidelberg is consistently implementing efforts to expand its digital business based on partnerships with renowned manufacturers such as Ricoh and Fujifilm. 

By acquiring approximately 9 percent of Heidelberg shares in consideration for the Gallus stake, Ferdinand Rüesch will also become a new strategic anchor investor of the company. At the same time, Heidelberg is strengthening its capital structure, which will support the company's strategic reorientation. 

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