WESTMONT, IL--MAN Roland, the world’s second-largest press manufacturer, is on the verge of becoming an independent, publicly traded company.
MAN AG and Allianz Capital Partners GmbH have agreed via a letter of intent to create a joint venture to purchase MAN Roland Druckmaschinen and take it public. Under the deal, MAN AG would have 35 percent equity in the company.
Top MAN executives believe the move will allow it to sharpen its focus on providing customers with more productive ways to print.
“An independent MAN Roland will be a more responsive MAN Roland for North American printers,” noted Yves Rogivue, CEO of MAN Roland Inc. “We’ve always put our customers’ needs first. Our new independent structure will allow us to further focus our dedication to the printer in terms of advanced technology and support.”
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