San Giorgio Monferrato, Italy, 11 November 2021
Bobst has announced the completion of proceedings relating to its Italian division’s successful final tender offer for the acquisition of the assets of Officine Meccaniche Giovanni Cerutti and Cerutti Packaging Equipment, including the service company 24/7 Cerutti Service.
Based in San Giorgio Monferrato, Bobst Italia is the group’s worldwide centre of excellence for gravure printing, laminating, and coating technologies for the flexible packaging industry.
The Cerutti acquisition is in line with Bobst’s strategic goal of further consolidating its technology and market leadership in the global gravure printing market.
Gruppo Cerutti was founded in 1920 in Casale Monferrato, in the northwest of Italy, and grew into a world-renowned manufacturer of rotogravure printing presses for packaging, publishing, and specialty printing and converting equipment. Through this acquisition, Bobst adds to its assets the Cerutti brand, intellectual property rights and all intangible assets. Thirty Cerutti ex-employees will join Bobst Italia’s personnel at San Giorgio Monferrato.
“Bobst Italia is characterised by financial and social sustainability and, as such, is able to create value in the long term,” said Davide Garavaglia, General Manager and Head of Product Lines Gravure, Vacuum, Coating & Laminating at Bobst Italia.
“We will integrate the Cerutti technology along with its technical experts, adding to our existing knowhow and capabilities. It also means we can now provide Bobst’s high level of service and support to Cerutti machines installed worldwide.”