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Bobst to buy Swiss coating technology business

Thursday, 07 April 2016
By Print 21 Online Article

Leading global supplier Bobst Group has signed a deal to acquire the coating technology business of WIFAG-Polytype Group.

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, said a statement from Bobst.

With the acquisition, Bobst intends to leverage the strengths of both companies and continue growing its global coating technology business.

The proposed transaction is subject to the parties reaching a definitive agreement, with the closing of the deal expected at the end of the second quarter of 2016, subject to regulatory approvals.

Bobst – founded in 1890 in Lausanne, Switzerland – is one of the world’s leading suppliers of equipment and services to packaging and label manufacturers in the folding carton, corrugated board and flexible materials industries.

WIFAG-Polytype Group is a privately owned international engineering and manufacturing company with its headquarters in Fribourg, Switzerland, and is a market leader in the production of printing machines for plastic containers, tubes and metal packaging equipment as well as in the development of high-precision coating and laminating equipment and process solutions for the production of multilayer films and papers.

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