Bobst Group SA, Mex/Switzerland, and WIFAG-Polytype Group, Bern/Switzerland, have entered into exclusive negotiations to acquire WIFAG-Polytype’s coating technology business. With this acquisition, which is subject to reaching a definitive agreement, BOBST intends to leverage the strengths of both companies and further grow its international coating technology business. If everything moves as per plans, Bobst expects the transaction to close by the end of the second quarter of 2016.
Fribourg, Switzerland based WIFAG-Polytype Group is a global player producing printing machines for plastic containers and tubes and metal packaging equipment. It also develops high-precision coating and laminating equipment and process solutions for the production of multilayer films and papers.
