According to Forbes Business News the CEO said he expects the company may become a takeover target after its share price fell more than 35 percent in the past two months. In fact Heidelberg’s share price has been on a steep trip south for the past year, losing some 70 per cent of its value in falling from a year high of Euro39.98 a year ago to around Euro11 this month.

Forbes quotes Schreier as saying, “Many are looking at the company, and everyone knows the company’s substance”. However, Schreier ruled out direct competitors as potential buyers of the printing machines manufacturer, due to anti-trust regulations. He says, “No competitor can take us, the market leader, over. That’s impossible, for anti-trust issues.”

According to Forbes the company’s share price is under pressure as the company has been hit by sluggish demand for its products, particular in the United States, combined with the weakness of the dollar to the euro and surging raw materials and energy costs.

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