From Packaging News
Wifag-Polytype Group is a producer of printing machines for plastic containers and tubes and metal packaging equipment as well as in the development of high-precision coating and laminating equipment and process solutions for the production of multilayer films and papers.
Bobst is one of the world’s leading suppliers of equipment and services to packaging and label manufacturers in the folding carton, corrugated board and flexible materials industries.
The potential acquisition would be allow the firm to leverage the strengths of both companies and to continue growing its coating technology business internationally.
The proposed transaction is subject to the parties reaching a definitive agreement, with the closing of the transaction expected this summer.
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