Heidelberg Sells its Belgian Production Site for Printing Chemicals to DC Druck Chemie GmbH
As part of its planned focus on core activities and portfolio adjustments, Heidelberger Druckmaschinen AG (Heidelberg) has sold its Belgian production site for printing chemicals to DC Druck Chemie GmbH (Druck Chemie), a subsidiary of Langley Holdings PLC
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⢠Strengthening liquidity for future investments / in Covid-19 times
⢠Heidelberg will continue to offer printing chemicals as part of its consumables strategy
As part of its planned focus on core activities and portfolio adjustments, Heidelberger Druckmaschinen AG (Heidelberg) has sold its Belgian production site for printing chemicals to DC Druck Chemie GmbH (Druck Chemie), a subsidiary of Langley Holdings PLC, UK. Langley Holdings is an international engineering group that produces capital goods to a wide range of industries worldwide, including the printing industry. The sale includes the companies BluePrint Products NV and Hi-Tech Chemicals BV, located in Kruibeke, Belgium. The site develops and manufactures high-quality printing chemicals in flexographic and offset printing, primarily for the packaging and commercial markets, which will continue to be offered by Heidelberg as part of its overall consumables strategy. With the sale, the site and a total of around 40 employees will be transferred to Druck Chemie. Heidelberg generates a purchase price of approx. 20.5 million Euro. The sale is effective today.