Japanese company Komori is expanding its product portfolio with folding machines by acquiring German manufacturer MBO.
In October 2018, Heidelberg tried to acquire MBO but the deal collapsed after the German Competition authorities denied the deal.
Komori has already its own folding machines for packaging but is now expanding its product range by including folding machines for commercial print.
MBO has a yearly turn over of around 52 million euros. The company has over the last years also launched some new solutions with robots in the finishing line for printed materials.
There are so far no news on how much Komori has paid for MBO.
Source: Komori, MBO