Bobst Group has made a strategic investment into Cito-System to, ‘drive innovation in tooling and in packaging production worldwide.’
This has seen Bobst take a 51% stake in Cito-System, while the management of Cito-System retains 49% of the company. Cito-System will continue to be run under the same management with its existing branding and agent network.
Cito-System is a supplier of multiple components for converting and die making, with expertise in paper, cardboard and corrugated board. The company’s consumables and services are marketed under the brand Cito-System.
Julien Laran, head of Bobst’s Services business unit, said, ‘In a world where agility and sustainability are the most critical elements for packaging production, Bobst recognises the strategic role played by tooling. Our partnership with Cito-System will optimise the entire packaging chain in terms of innovation and standardisation.
‘Together, we can help optimising and transforming a very fragmented industry, ensuring that die-makers can manufacture and distribute the best possible tooling for an agile packaging production which provides converters with a significant competitive advantage.’
Cito-System managing director Jürgen Mariën commented, ‘Production performance and quality is made by high-tech machines in combination with perfect tools and processes. Now Bobst and Cito-System, leading suppliers in the packaging and tooling industries, are working hand-in-hand. Combining the two companies’ innovation expertise we can improve performance and quality for the benefit of our customers. I am happy about the new situation because this joint venture makes Cito-System a stronger partner for our customers’ success.’
Read more about movements in the digital folding carton printing market in the March/April issue of Digital Labels & Packaging; register here to receive the magazine
