The full acquisition of Gallus Holding AG as resolved by the
Management Board of Heidelberger Druckmaschinen AG (Heidelberg) in June 2014
has now been completed. As part of the transaction Ferd. Rüesch AG has been
granted 23,000,000 new Heidelberg shares at a face value of € 2.70. By issuing
the new shares, the share capital of the company will be increased by €
58,880,000.00 to € 659,040,714.24, divided into 257,437,779 no-par value bearer
shares.
The complete takeover of Gallus Holding AG accelerates the
development and usage of digital products from Heidelberg in the growing labels
sector. Heidelberg and Gallus will be unveiling a new digital printing system
for the label market that incorporates Fujifilm technology at an international
customer event in St. Gallen at the end of September. This solution is designed
to meet the growing demand for a cost-effective production of short runs and
customized labels. With this move, Heidelberg is consistently implementing
efforts to expand its digital business based on partnerships with renowned
manufacturers such as Ricoh and Fujifilm.
By acquiring approximately 9 percent of Heidelberg shares in
consideration for the Gallus stake, 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.
