
We first had occasion to see the new CEO of Heidelberg Gerold Linzbach at the Gallus factory in St. Gallen in September of 2014 when the first prototype of the Gallus Labelfire 340 was shown to Gallus customers from around the world. The press was configured with Fujifilm Dimatix Samba inkjet printheads printing UV inks with a resolution of 1200 x 1200 dpi. At that event Linzbach openly said that it was one of the first results of Heidelberg’ strategy to work with best-in-class technology partners. That it was no longer possible for a company to build new high technology industrial products on its own. The event also demonstrated that although Heidelberg has several constraints such as a large human resource and financial repayments on its borrowings over the past five years, Linzbach seems nimble in both acquiring assets and at times divesting them. Amongst the most public actions that Linzbach has taken in the past three years are the full acquisition of Gallus in which Heidelberg was a 30% shareholder and acquired the balance…
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