Following the announcement in January 2020, BOBST confirmed on 8th April, that it has acquired a majority participation of 51% in CITO-SYSTEM, while the management of Cito retains 49% in the company. Cito will continue to be run under the same management with its existing branding and agent network.
“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,” said Julien Laran, Head of Bobst’s Business Unit Services. “Together, we can help optimising and transforming a 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.”
“Production performance and quality is made by high-tech machines in combination with perfect tools and processes. Now Bobst and Cito-System are working hand in hand. Combining the two companies’ innovation expertise we can improve performance and quality for the benefit of our customers,” said Jürgen Mariën, Managing Director of Cito-System.
