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Europe: Bobst Group buys 65% stake in Nuova Gidue

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Bobst Group has signed an agreement to acquire 65% of Italian manufacturer of narrow and mid-web printing presses Nuova Gidue Srl, with the option to purchase the remaining shares.

Nuova Gidue Srl provides highly automated narrow and mid-web in-line flexographic and offset presses for the self-adhesive labels industry and short-run solutions for packaging converters.

With the technologies of Nuova Gidue Srl, BOBST will extend its already wide range of printing and converting solutions and the purchase confirms its strategy of expansion in the label industry.

In 2014 Nuova Gidue Srl received the Global Label Award for innovation and in May 2015 received the Flexographic Technical Association award for innovation.

Its digital flexo technologies are a major breakthrough in flexography and Nuova Gidue Srl is also a driving force in the REVO Team for the introduction of the seven-color separation standard in packaging.