Heidelberg will directly and indirectly hold 100 per cent of the shares in Gallus Holding AG, after it has resolved, with the approval of the supervisory board, to carry out a capital increase against contribution in kind from authorised capital with the exclusion of the subscription rights.

The planned complete takeover of Gallus Holding AG accelerates the development and use of Heidelberg’s digital products in the growing labels sector. Earlier this year, Heidelberg and Gallus will be unveiling a new digital printing system for the label market that incorporates Fujifilm technology.

Ferdinand Rüesch will also become a new strategic anchor investor of the company. At the same time, Heidelberg is strengthening its capital structure, which will support the company’s strategic reorientation. ‘We are very proud to have won Ferdinand Rüesch as anchor investor with long-standing sector knowledge,’ said Heidelberg CEO Gerold Linzbach. ‘The full acquisition of Gallus will further enhance the co-operation of the two companies. Together, we will continue to foster the development in the growing market for digital label production.’