Wifag, manroland End Acquisition Negotiations

By: E&P Staff

Wifag announced that it has ended negotiations with manroland AG on the acquisition of Wifag, citing the inability “to reconcile the interests of both parties,” but keeping open “the idea of cooperation on a technical level.”

Based on its findings this year, Wifag said it is independently adopting a service business model that will enable it to fulfill its customer obligations at the expected service quality level.

The Swiss press maker added in its announcement today that “further solutions with industry representatives remain an option.” As it restructures, the company also is holding negotiations related to the sale of processing centers.

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