Langley Group Takes Over manroland’s Sheetfed Division

Langley already operates two successful technology divisions in Germany in the field of capital equipment—the Piller Group and Claudius Peters Group. In 2011, Langley Holdings achieved revenues of approximately €500 million, with a profit before tax of some €76 million.

All contracts have been signed today. The execution of the transaction is subject to approval of the German cartel office which is expected within the next weeks.