06202018Wed
Last updateWed, 20 Jun 2018 4am
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TOWER PRODUCTS AND WIFAC BV JOIN FORCES TO CREATE JOINT VENTURE TOWER PRODUCTS EUROPE BV

Tower Products, Inc., a leading manufacturer of environmentally sensitive pressroom chemistry and Wifac BV, a premier distributor of graphic arts products in Europe have established a joint venture to manufacture and distribute Tower brand chemistry in the EMEA region. The new company, Tower Products Europe BV will be based in The Netherlands.

Heidelberg on track to meet medium-term targets – aiming for growth in 2018/2019

Significant progress with digital transformation thanks to

successful launch of subscription model,
start of series production for digital presses,
expansion of consumables and e-commerce business, and
ramp-up of Digital Platforms
Solid development in 2017/2018 underlines specified targets
Outlook - positive effects of new strategy expected to become increasingly clear:
moderate growth in sales and net result after taxes
expected in financial year 2018/2019
Medium-term targets confirmed:
Group sales set to increase to around €3 billion and
net result after taxes to > €100 million

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