Manroland’s Web-Press Division Said to Get Bid From Possehl

By: Sheenagh Matthews | Bloomberg.com

Manroland AG (MRDCF), the German printing- press maker that filed for insolvency in November, has received a bid from L. Possehl & Co. for its web-press unit in Augsburg, two people with knowledge of the situation said.

The bid from Possehl, based in Luebeck, isn’t the only offer for the unit, said the people, who declined to be identified because the negotiations are private. Possehl’s interest was first reported by Augsburger Allgemeine Zeitung.

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