Log In | Become a Member | Contact Us


Connect on Twitter | Facebook | LinkedIn

Bobst Group and WIFAG-Polytype Group have entered into exclusive negotiations

Monday, April 04, 2016

Press release from the issuing company

Mex, Switzerland - Bobst Group SA, Mex/Switzerland, and WIFAG-Polytype Group, Bern/Switzerland, have entered into exclusive negotiations regarding a potential acquisition of WIFAG-Polytype’s coating technology business, as part of the BOBST strategy to successfully drive and continuously expand its existing product portfolio. With this acquisition, BOBST intends to leverage the strengths of both companies and to continue growing its coating technology business internationally.

The proposed transaction is subject to the parties reaching a definitive agreement, with the closing of the transaction expected to occur at the end of the second quarter of 2016. Even if a definitive agreement is reached, the transaction may be subject to customary regulatory approvals and potentially other conditions. There is no assurance, however, that any definitive agreement will be reached or that the closing of the contemplated transaction will occur.

 

Post a Comment

To post a comment Log In or Become a Member, doing so is simple and free

 

SHARE

Email Icon Email

Print Icon Print


Become a Member

Join the thousands of printing executives who are already part of the WhatTheyThink Community.

Copyright © 2018 WhatTheyThink. All Rights Reserved