Flexotecnica To Be Acquired by Koenig & Bauer (KBA)

TAVAZZANO (LODI), ITALY | Flexotecnica, part of Cerutti Group, announced late yesterday that the majority stake of the company is being acquired by Koenig & Bauer AG (KBA), Würzburg, Germany.

Cerutti Group sources say this decision represents a step forward in the restructuring process it is undergoing while it also strengthens already existing and excellent relations between the two groups.

As a result of this acquisition, according to a Flexotecnica press release, the company "expects to improve its position in the market by becoming part of a group that can guarantee an enhancement both from the commercial and industrial standpoint."

This email address is being protected from spambots. You need JavaScript enabled to view it.

Subscribe to PFFC's EClips Newsletter