Bobst Group confirms a strategic investment in the German company Cito-System GmbH. The aim is to drive innovation in mould making and packaging production worldwide.
On 8 April 2020, the company acquired Bobst acquires a majority stake of 51 per cent in Cito-System, while the management of Cito-System retains 49 per cent of the company. The company will under the same management with its existing, globally recognised network of brands and representatives. Cito-System offers a wide range of components for packaging manufacturers and diemakers and has expertise in the areas of paper, cardboard and corrugated board. The company's consumables and services are marketed under the brand of the same name.
„In a world where agility and sustainability are the most important elements for packaging production, Bobst recognises the strategic role of tooling. Our partnership with Cito-System will optimise the entire packaging chain in terms of innovation and standardisation. Together, we can help optimise and transform a very fragmented industry by ensuring that tooling manufacturers can produce and distribute the best possible tools for agile packaging production, giving packaging manufacturers a significant competitive advantage,“ says Bobst. Julien Laran, Head of the Business Unit Services at Bobst.
„The production output and quality is achieved through high-tech machines in combination with perfect tools and processes. Now Bobst and Cito-System are working hand in hand. By combining the innovative expertise of both companies, we can improve performance and quality for the benefit of our customers. I am excited about the new situation because this joint venture makes us a stronger partner for the success of our customers,“ said Mr Bobst. Jürgen Mariën, Managing Director of Cito-System.
Bobst has recognised the growing importance that the future of the packaging world through the integration of all key components, that contribute to packaging production. Under the motto „Tooling matters“, a number of tool innovations have been developed over the years. In 2017, the Swiss company acquired a majority stake in the Boxplan GmbH, which offers the packaging industry a large number of innovations in the area of cutting dies. In 2018, the Bobst certification programme to support local die makers in supplying the best possible tools for Bobst machines.
„The partnership with Cito-System is a new and crucial piece of the puzzle. While we have great expertise in toolmaking, we want our partners to develop and market diemaking components faster. With Bobst, our certification programme, Boxplan and Cito-System, we are now well equipped to continue to drive innovation and standardisation and help pave the way for the future of tooling and packaging manufacturing,“ said Raphaël Indermühle, Head of the Sales & Marketing department of the Bobst Services business unit.
Source: Bobst
