Printing
solutions provider manroland Goss web systems Group (MGWS) and GWS Printing
Systems (GWS) of the Netherlands announce the signing of a Share Purchase
Agreement covering MGWS’s acquisition of the Dutch specialist in used web
offset equipment.
The
transaction has been completed today. Current owners Eric van Kessel and Walter
Donkers will continue as managers of the business. With the acquisition of GWS
and DOVAK, MGWS is making a next important step in the development of its
strategy to be the most advanced solution provider to the web offset printing
industry. MGWS and GWS have already closely cooperated in the field of used
equipment, heatset press service and within the MARKET-X e-commerce platform
launched by MGWS last year.
Alexander
Wassermann, CEO of manroland Goss, emphasizes: ” The acquisition of GWS and
DOVAK by MGWS is a logical consequence of the many years of cooperation between
the companies and the numerous project successes celebrated between the
companies. Teaming our forces and solutions will result in an even broader
portfolio to the printing industry worldwide. We expect the used equipment
market and related services to grow within the next years, so adding GWS gives
us the chance to become an even stronger and broader supplier in this business
area.”
Walter
Donkers and Eric van Kessel, current owners of GWS and DOVAK, add: “The graphic
industry is facing constant change and it is obvious that suppliers seek to
cooperate. Being part of the manroland Goss Group will allow us to develop and
accelerate our growth plan for the business, increase market presence and
support the MGWS business strategy in the new setup. In the area of used web
offset equipment and related projects GWS will be given the chance to act as a
standalone company in line with the clear MGWS vision to maintain the
entrepreneurial approach GWS is known for and at the same time GWS will be able
to extend its network and market reach.”
Both
parties look forward to leading the GWS business into this new phase and to
make use of the synergies and opportunities this acquisition offers to further
grow and develop all of our activities related to used equipment and services
for the benefit of our customers.