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Contiweb to Become Independent

Press release from the issuing company

Contiweb takes the next step in repositioning and becomes an independent company under AIP ownership

Contiweb, a renowned specialist in state-of-the-art technologies for advanced drying and web-handling products for printing today announced its plan to formalize its separation and operate as an independent company. Today Goss and manroland web systems announced the combination of their printing press businesses, with expected completion in mid-2018, subject to regulatory [and other] approvals. After transaction close, Contiweb will become a separate company under the ownership of American Industrial Partners with operations headquartered in Boxmeer, Netherlands.

As an independent company, Contiweb will continue its growth agenda in becoming the premier ancillary supplier for Commercial and Digital Inkjet printing applications and press supplier for Label & Packaging applications. In addition, Contiweb will also continue its strong focus on product lifetime support by offering its full suite of aftermarket solutions for customers.

Bert Schoonderbeek, Managing Director at Contiweb sees this development as a natural step, following the Contiweb repositioning in 2016. “We will continue to build upon our successful relationship with both Goss and manroland and are looking forward to continuing the cooperation as a strong partner of the combined company as we pursue other diversification opportunities. “Contiweb’s separation marks a new era for further growth of the company.“

Until transaction close, sales and service channels will remain unchanged.

Questions can be posted on [email protected]  www.contiweb.com

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