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Heidelberg and Gallus: the real story!

Friday, 22 November 2002
By Print 21 Online Article

In an arcane accounting move that can only make sense in the higher realms of European legal niceties, Heidelberg announced it will integrate the entire Gallus accounts into its annual results – but that it is not taking over the company, as reported in the last issue of Print21Online. The implications of the move are unclear but would seem to point to Heidelberg’s intention to fully take over Gallus at some point in the future. For the present Heidelberg continues to have 30 per cent of the Swiss label and narrow web press manufacturer.

The two companies will continue to operate as separate entities, maintaining their brands and facilities in Australia and New Zealand. Andy vels Jensen, managing director of HAN, says he is looking forward to working ever closer with Gallus in the region.

“If we do merge at some stage in the future, we will be ready to provide the full range off services and backup to Gallus customers, many of who are also Heidelberg customers,” he said.

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