Bobst Group to acquire Fischer & Krecke Group

Bobst Group SA and the owners of Fischer & Krecke have signed an agreement on 20 September 2007 for Bobst Group to acquire the Fischer & Krecke Group. This acquisition is subject to due diligence and merger control approval, and closing is foreseen end 2007 or early 2008.
This planned acquisition is in line with the strategy of Bobst Group to expand its activities in the flexible materials industry.
The main activities of the Fischer & Krecke Group are located in Germany. Net sales totaled Euro 73m in 2006. The number of employees is approximately 370. Fischer & Krecke Group offers its customers flexographic printing presses under the brand name Fischer & Krecke and rotogravure printing presses under the brand name Kochsiek.
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