On December 1, 2024, the Inapa Deutschland Group will take the final step in its corporate development and will henceforth operate under the new name OVOL Deutschland Group. This change is a significant milestone in the growth strategy of the parent company Japan Pulp and Paper Co., Ltd. (JPP), which is further expanding its market presence in Europe, especially in Germany, through the acquisition of Inapa Deutschland and its subsidiaries. The repositioning under the OVOL brand stands for high standards in paper and packaging solutions.
Sidebar
Koenig & Bauer initiating Group realignment
Greater customer focus by reducing the number of segments from three to two: Paper & Packaging Sheetfed Systems (P&P) and Special & New Technologies (S&T)
The realignment will result in leaner structures in the holding company
Position of central COO to be eliminated, Michael Ulverich to leave the company by mutual agreement and step down from the Executive Board effective 30 November 2024
Christian Steinmaßl joining Group management with effect from 1 December 2024
Registration is now open for Gulf Print & Pack
It’s official! From 14 to 16 January 2025, Gulf Print & Pack will open its doors for the first time in the Kingdom of Saudi Arabia.
HEIDELBERG anticipates a very strong second half to financial year 2024/2025
Incoming orders after six months above previous year’s level thanks to strong drupa orders
High order backlog provides sound basis for projected sales volume in second half of the year, capacities being fully utilized
Strong seasonality in financial year, with sales and EBITDA in the first half of the year within expectations
Packaging solutions segment remains growth driver
Annual forecast confirmed
X-Rite Acquires Colorware B.V., Creators of MeasureColor, Expanding Comprehensive Color Management Solutions for the Printing and Packaging Industries
X-Rite acquires Colorware B.V., creators of MeasureColor, enhancing real-time color management solutions for converters and printers – driving greater efficiency and accuracy in color control.
Koenig & Bauer confirms its full-year operating guidance for 2024 with strong order intake and initial positive effects from the “Spotlight” focus programme
Strong order situation in drupa year 2024, resulting in order backlog of €1,080.0m, the highest in the company’s history
Underpinned by the high order backlog, the final quarter is expected to be strong
Outlook for 2024 confirmed: operating EBIT at the lower end of the forecast range of €25 – 40m, revenue target of around €1.3bn
As expected, Group revenue of €819.6m after nine months below the previous year in a persistently challenging market environment – but sequential improvement evident
Non-operating special effect: Focus programme “Spotlight” and expenses for drupe impact Group EBIT as expected with €34.9m
Operating EBIT of €-20.7m after nine months; significant improvement of operating EBIT achieved in Q3 at €4.2m after €-14.7m in Q2
Improvement in free cash flow and net working capital as of 30 September
Planned implementation of the “Spotlight” focus programme to ensure that the target EBIT margin of around 6% on Group revenue of around €1.5bn is achieved by 2026 at the latest
IPIA sets out to foster industry growth at Recognising Excellence
The IPIA remains dedicated to fostering industry growth and strengthening connections among members and guests through its highly regarded events held throughout the year. By offering engaging, affordable, and educational experiences – like the upcoming Recognising Excellence event – the IPIA continues its mission.
Exhibitors praise value of The Print Show 2024
Leading manufacturers and suppliers including Vivid Laminating Technologies, Hybrid Services, Agfa, and CMYUK all reported strong leads and sales at the event.
Dataline acquires PRAGMA Informationssysteme (Stuttgart, Germany)
Dataline is proud to announce the acquisition of PRAGMA Informationssysteme GmbH from Stuttgart. This marks an important step in Dataline’s European expansion and strengthens its position in the DACH region.
Girls Who Print Day 2024 Conference: Celebrating #GirlPower
Girls Who Print invites women in the printing industry, students, and allies to join the 12th annual Girls Who Print Day 2024, a FREE virtual conference celebrating resilience, innovation, and empowerment under the theme #GirlPower.
WAN-IFRA launches gaming tool NewsArcade with six-month free trial.
WAN-IFRA, working with a consortium of international partners, announced that the gaming tool NewsArcade, a new authoring tool combining gaming insights with news values to rebuild Gen Z trust in news is set for global launch and offered to newsrooms for a free, six-month trial run.