On 25 November, manroland AG filed for insolvency protection as a
Debtor-in-Possession in Germany. During the insolvency protection, the
business operations of manroland AG continue as normal. manroland
Southern Africa, as a standalone South African company, is not part of
this insolvency filing, and is open for business as normal.
are in good shape and are profitable in South Africa. We are supporting
our customers and making sure that our suppliers are being paid on
time, said Frank van Dijk, CEO and Chairman of manroland Southern
We have not filed for insolvency and are continuing to
support our customers in both web and sheetfed with service, parts, and
consumables, said van Dijk. Three years ago we started to build a top
quality local service organisation to support our customers. Today we
now have an organisation of over 40 people supporting customers and the
R430 billion-installed base of manroland printing systems in Southern
Van Dijk said that the company has received numerous
messages of encouragement and support from many of its customers. We
have successfully built partnerships with our customers for the
lifecycle of their printing systems and their support is encouraging.
manroland users in several countries have already taken the initiative
to organise themselves in support of manroland.
The past few
days have been challenging in keeping our customers and suppliers
informed of developments, admitted van Dijk. It is amazing how much
speculation, rumours, and different scenarios are being discussed in the
press by so-called industry experts. We have excellent machinery and
talented people, so I am confident that a solution will be found. The
manroland AG insolvency protection filing is a way to come to a quick
solution. While nothing has been confirmed, we have heard of several
expressions of interest. The German government has also taken
considerable steps to help preserve the company and its people.