Manroland Australasia to focus more on web, less on sheetfed
Manroland Australasia will become more heavily slanted toward web offset customers but less aggressive in sheetfed in its new guise as part of Germany’s Possehl Group.
13 February, 2012Manroland Australasia will become more heavily slanted toward web offset customers but less aggressive in sheetfed in its new guise as part of Germany’s Possehl Group.
13 February, 2012UK-based engineering group Langley Holdings has bought Manroland’s sheetfed production facility as well as more than 40 international sales operations – but not ANZ.
3 February, 2012Manroland’s administrator has confirmed that the break-up of the German manufacturer will begin today with the sale of the Augsburg web offset facility.
1 February, 2012Manroland’s web offset division has been bought out by the German group that rescued mailroom manufacturer Bowe Systems in 2010.
19 January, 2012Negotiations for the sale of Manroland have entered the final stages, with a shortlist of two different bid proposals due to be presented to creditors on Wednesday (18 January).
17 January, 2012Manroland has secured its immediate future with a 55m euro ($72m) Massekredit facility, similar to debtor-in-possession financing, that will give it the liquidity to continue with its restructuring efforts.
5 December, 2011A number of unidentified investors have already expressed an interest in Manroland, according to the court-appointed administrator Werner Schneider.
30 November, 2011Manroland’s major shareholders MAN and Allianz are exploring options around a potential sale of the company, with a European engineering company from outside the industry said to be interested, reports have claimed.
18 November, 2011End of content
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