Manroland web systems, Goss complete merger
Manroland web systems and Goss International, both long-time web offset printing manufacturers and service providers, have completed the transaction to merge their businesses. The new company will operate under the name “manroland Goss web systems.”
Alexander Wassermann, CEO of manroland web systems, will become CEO of the new company with more than 1,000 employees and global headquarters in Augsburg, Germany. The company’s North American headquarters will be in Durham, New Hampshire. Mohit Uberoi, previous CEO of Goss International, will stay connected with the business as a board member.
The shareholders of manroland web systems and Goss International, the Lubeck-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 and the manroland web production business are not included in this transaction and will stay independent as AIP and Possehl portfolio companies, respectively.
"Both manroland web systems and Goss International were on a sustainable path to success,” said Wassermann. “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.”