Bobst Group Completes Acquisition of Fischer & Krecke Group, Germany

On March 31, 2008, following a thorough due diligence process and the approval by the German Federal Cartel Office, Bobst Group completed the acquisition of 100 percent of the Fischer & Krecke Group, in Germany.

This acquisition is in line with the Bobst Group strategy to expand its operations in the flexible materials market worldwide and to strengthen its presence in the flexographic printing area. The one-time costs to integrate Fischer & Krecke’s operations will lead to a slightly negative operating profit for the Flexible Materials Business Area in 2008. In 2009, the operating profit is expected to return again to positive figures.