Heidelberg and MBO regret German Federal Cartel Office’s decision to block planned takeover
- Both companies to continue running their businesses separately and independently
- Heidelberg postpress strategy remains unchanged
The German Federal Cartel Office today announced its decision to block the planned takeover of the MBO Group by Heidelberger Druckmaschinen AG (Heidelberg). Due to this decision, the takeover will not go ahead. “We take note of the decision with regret and moving on, even though we see the future market position of the combined company's differently,” commented Heidelberg CEO Rainer Hundsdörfer. The two companies remain convinced that integrating the offerings of MBO would have given customers added benefits in terms of smooth industrial processes in the digital future. Following the ruling, both companies will continue to run their businesses separately and independently as before. Heidelberg publicly announced its intention to take over the MBO Group and concluded an agreement with the owning family back in October 2018. This agreement was then submitted to the Federal Cartel Office for approval and had been under review since that time.