Bobst Group Acquires Majority of Nuova Gidue

On selling the majority stake, Federico d'Annunzio, CEO of Nuova Gidue Srl, commented: "Bobst has a strong history and reputation, and a worldwide leadership position in the packaging market. We are proud to be part of a global organization and to bring in our established presence in the label market, as well as the recognized Nuova Gidue culture of innovation. Our partners, customers, suppliers and employees will take great advantage from the long term plans of Bobst Group."