Bobst Group and CITO-SYSTEM enter exclusive negotiations for joint venture

Bobst Group SA and CITO-SYSTEM GmbH have entered exclusive negotiations regarding a potential joint venture, with Bobst planning to acquire a majority holding in CITO. The transaction is expected to close in Q1 2020.

“Bobst Group SA, Mex/Switzerland, and CITO‑SYSTEM GmbH, Schwaig/Germany, have entered into exclusive negotiations regarding a potential joint venture between the two companies.”cito.de

• 1 source
• cito.deCITO-SYSTEM and the Bobst Group have entered into exclusive negotiations | CITOJan 16, 2020

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