Gallus factory in St Gallen| Heidelberg
Gallus is headquartered in this St Gallen facility in Switzerland

Heidelberg has announced that it is strengthening the sites for its Gallus narrow web flexo division, though strangely the first move involves selling off its main St Gallen headquarters in Switzerland. 

The 20,000 sqm St Gallen production site is being sold to local entrepreneurs Marcel and Roger Baumer for an undisclosed sum. Heidelberg will sign a long term lease agreement that will see Gallus continue to use the site as the main tenant though the company has not said how large an area within the site it will be using. Roger Baumer explained, “The Gallus area is set to develop into an open campus for companies and institutions that are helping to shape the future and strengthen St. Gallen as a workplace. We are delighted that the Gallus Group, with its headquarters and Digital Campus, is the anchor tenant of the site.”

Roughly 160 people work at the St Gallen facility, including business and R&D management as well as finance, sales, service, marketing and purchasing. Heidelberg is planning to open a new customer demonstration centre, called the Gallus Experience Center, at the end of the year. In addition, Gallus is also planning to expand its digital printing portfolio.

women

Dr. Ludwin Monz, who took over as CEO of Heidelberg at the beginning of this month, added, “The reorientation of our site in St. Gallen into a competence centre for digital label printing underlines the high strategic importance for Heidelberg in the packaging sector. We welcome, that the commitment of entrepreneurs Marcel and Roger Baumer will create an innovative environment in St Gallen from which we can also benefit.”

It’s worth noting that Heidelberg announced in 2020 that it would sell off Gallus to a Swiss company, Benpac though that sale fell through at the end of January 2021. Clearly Heidelberg still needed to raise money from Gallus and it was unlikely that it would simply put the company back on the market after that botched effort last year. So selling the land for redevelopment makes perfect sense and fits in with Heidelberg’s approach to selling off its large real estate portfolio, including the iconic Print Media Academy building in the centre of the city of Heidelberg, as well as part of its own Wiesloch/Walldorf production site in Germany.

You can find further details on the Gallus portfolio from heidelberg.com and gallus-group.com.

This article is reproduced by permission from www.nessancleary.co.uk

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna (25 October 2023)

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here