Contiweb to become independent company owned by AIP

214

On 1 March 2019, 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. However, Contiweb, which was owned by Goss before it was acquired by American Industrial partners, is not part of the Goss-manroland web systems combine and is to be spun off as a separate company under the ownership of American Industrial Partners with operations headquartered in Boxmeer, Netherlands, when the transaction closes.

 Contiweb is a specialist in technologies for advanced drying and web-handling products for printing, and on the same date it announced its plan to formalize its separation and operate as an independent company. As an independent company, Contiweb will continue its growth agenda in becoming the premier ancillary supplier for commercial and digital inkjet printing applications and a press supplier for label and packaging applications. The company will also continue its strong focus on product lifetime support by offering its full suite of after-market solutions for customers.

In recent years Contiweb has diversified its offering to include splicers and dryers for web offset presses, Vits and JetWeb finishing equipment, auxiliary equipment for inkjet printing presses, and notably in 2016, it acquired the IP for the Thallo web offset press. At this point, there seem to be three web offset approaches or machines for printing on flexible packaging materials from the erstwhile combination parters and its cooperation partner – the Goss Vpak, the manroland web systems Varioman fp, and the Contitech’s Thallo.

 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.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here