Manz AG opens up access to the growth market of functional printing
Reutlingen, February 4, 2021 - Manz AG, a global high-tech engineering company with an extensive technology portfolio, is acquiring a stake in CADIS Engineering GmbH, thus opening up digital printing technology for direct printing on components (direct2shape). The investment follows Manz AG's corporate strategy of further developing its technology portfolio in promising future industries through targeted M&A activities.
CADIS is one of the leading suppliers in the field of industrial high-end inkjet solutions for markets such as automotive, packaging, food or pharma. The company develops, builds and sells complete or partially integrated special-purpose machines for inkjet printing in the best print quality in the market. This know-how is now being combined with Manz AG's decades of industrialization expertise. In an expected mass market, Manz and CADIS will thus be able to provide customers with fully comprehensive production solutions from a single source.
Martin Drasch, CEO of Manz AG, comments: "The partnership with CADIS is an investment in the future, as we see a lot of potential, especially in the field of functional printing. For example, by bundling our technological competencies, products with special electronic functions or even batteries in the surface can be manufactured. Customers thus benefit from technical innovation combined with industrial sustainability and a global organizational structure. We are sure that together we will be able to strongly advance the development of industrial production solutions in this area."
Rainer K?tzer, Managing Director of CADIS Engineering GmbH, adds: "Through the partnership between Manz and CADIS, we offer our customers a sustainable unique selling point for industrial inkjet system solutions. The development towards digitalisation, individualisation and small batch sizes with increasing industrial integration of inkjet printing in production processes places the highest demands on the interaction between automation and printing technology. With Manz AG's investment in CADIS, 'excellence in automation' and 'high-end inkjet expertise' are combined to create a solution and technology competence that is unique in the market. In addition to current applications for digital printing production solutions, we will continue to be a strong partner for our customers in the future for the promising prospects of further development of digital inkjet printing solutions."Company Profile:Manz AG - passion for efficiency Founded in 1987, Manz AG is a global high-tech equipment manufacturing company. Its business activities comprise the areas of Solar, Electronics, Energy Storage, Contract Manufacturing and Service.
With many years of expertise in automation, laser processing, vision and metrology, wet chemistry and roll-to-roll processes, the company offers manufacturers and their suppliers innovative production solutions in the areas of photovoltaics, electronics, and lithium-ion battery technology. The company's product portfolio includes both customer-specific developments and standardized single machines and modules, which can be linked to create complete custom systems. Manz AG offers high-quality, needs-based solutions that can be integrated early into customer projects to contribute significantly to customer success.
The company, listed on the stock exchange in Germany since 2006, develops and produces in Germany, Slovakia, Hungary, Italy, China and Taiwan. It also has sales and service branches in the USA and India. Manz AG currently employs roughly 1,600 workers worldwide, around half of whom work in the Asia region, which is key to the company's target industries. Manz Group revenue in the 2019 financial year totaled around 264 million euros.
Contact Manz AG Axel Bartmann Phone: +49 (0)7121 - 9000-395 Fax: +49 (0)7121 - 9000-99 E-mail: firstname.lastname@example.org
cometis AG Claudius Krause Phone: +49 (0)611 - 205855-28 Fax: +49 (0)611 - 205855-66 E-mail: email@example.com
End of Media Release Issuer: Manz AG Key word(s): Industry
04.02.2021 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Manz AG Steig?ckerstr. 5 72768 Reutlingen
Germany Phone: +49 (0) 7121 9000-0 Fax: +49 (0) 7121 9000-99 E-mail: firstname.lastname@example.org Internet: http://www.manz.com ISIN: DE000A0JQ5U3 WKN: A0JQ5U Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1165635 ? End of News DGAP Media