manroland, Goss complete merger

As previously reported here, the combined company – which now operates under the name manroland Goss web systems –  will benefit from the companies’ complementary geographic footprints, create extensive synergies, ensure long-term viability and provide value-oriented options, especially in the area of aftermarket services.

manroland Goss web systems will concentrate on four main business areas: System Solutions, in highly automated press and post-press equipment including pre-owned offerings, press relocations; Engineered Solutions, including mechanical, automation and closed-loop options for all types of presses; Service Solutions, to offer best-in-class service in parts, labor, tele-support and performance based service agreements; and E-Commerce Solutions, with an electronic marketplace for efficient ordering and logistics performance for all suppliers to the web offset industry.

Alexander Wassermann, CEO at manroland web systems, will become CEO of the new company with global headquarters in Augsburg, Germany. The company’s North American headquarters will be in Durham, New Hampshire. Mohit Uberoi, previous CEO at Goss International, will stay connected with the business as a board member and assist the management team with business integration.

The shareholders of manroland web systems and Goss International, the Lübeck-based Possehl Group and New York-based American Industrial Partners respectively, will both remain shareholders of the new company supporting the established business-building strategy. The Contiweb business as well as the manroland web production business are not included in this transaction and will stay independent as AIP and Possehl portfolio companies, respectively.

Wassermann said: ‘Both manroland web systems and Goss International were on a sustainable path to success. We will strengthen this path by increasing our global reach, continuing our innovative and focused R&D activities, and enhancing our market presence through targeted consolidation. Our customers will be able to choose from an even broader portfolio of products and services, supported by the industry leading e-commerce platform Market-X.’