The acquisition of PSG is a further milestone for Heidelberg in its strategy of further promoting stable, high-margin services and consumables business. This has involved creating broader market access by taking over dealership networks and gradually expanding the product portfolio by acquiring local manufacturers of consumables.
The acquisition of the PSG Group will result in additional sales of around Euro130 million for the Heidelberg Group, primarily through services and consumables business. The medium-term goal at Heidelberg is for services and consumables to account for over 50% of total Group sales. The figure currently stands at around 40%.
The acquisition is subject to approval by the antitrust authorities and a consultation process involving a local committee.
