Specialist web handling product maker Contiweb has announced its plan to formalise its separation and operate as an independent company.
After Goss International and manroland web systems announced the combination of their printing press businesses, with expected completion in mid-2018, subject to approvals, Contiweb decided to become a separate company under the ownership of American Industrial Partners with operations headquartered in Boxmeer, Netherlands.
Contiweb says that, as an independent company, it will continue its growth agenda in becoming the premier ancillary supplier for commercial and digital inkjet printing applications and press supplier for label and packaging applications. Contiweb will also continue its focus on product lifetime support by offering its full suite of aftermarket solutions for customers
Bert Schoonderbeek, managing director at Contiweb sees this development as a natural step, following the Contiweb repositioning in 2016. He says, “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.
He concludes, “Contiweb’s separation marks a new era for further growth of the company.“