Bobst Group to acquire majority stake in CITO-System

Bobst Group SA has entered into exclusive negotiations to acquire a majority participation in CITO-SYSTEM GmbH, a tooling company for packaging production. The closing is expected in Q1 2020.

“As part of its strategy to provide end-to-end solutions for the production of packaging, BOBST recognizes the critical importance of tooling in an agile and sustainable packaging production chain.”worldofprint.com

• 1 source
• worldofprint.comBobst Group seeks to accelerate the transformation of the packaging production through strategic investments - World of PrintJan 7, 2020

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