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What’s
next for Goss, Heidelberg?
Despite
the fact Heidelberg has confirmed it has had discussions with Goss International
over the future of the German manufacturer’s web press operations, neither
company intends to shed much more light on what might happen next.
According
to an article in PrintWeek UK, Heidelberg spokesman Hans-Dieter Siegfried
characterized discussions with Goss as “open,” adding that there was no
timetable governing the next step.
Accordingly,
neither company had much more to add. Heidelberg web officials in Dover, N.H.,
declined further comment while Goss spokesman David Stamp said only that “Goss
will be evaluating opportunities to grow our business as they arise.”
“Based
on our strong global Goss brand, we will consider both internal and external
business growth opportunities,” Stamp said.
Rumors
about a possible combination of Goss and Heidelberg have been swirling about for
months, particularly as press vendors continue to grapple with lagging U.S.
demand for new systems.
“Heidelberg
is facing a new world in the print-media market,” said press analyst Karl
Malik. “The remaining business is not the same as 10 years ago.” Malik, a
German-based analyst, said it’s likely if the companies do come to some
agreement that Goss would be more interested in
Heidelberg’s commercial and heatset businesses.
That
makes sense, said a U.S. newspaper industry executive, who declined to be
identified. “Such a combination would give Goss additional market share,” he
said. But, he added, the challenges associated with merging the cultures of two
companies as disparate as Goss and Heidelberg could be considerable.
“The
question is how these companies can mesh, given the nature of their corporate
cultures.”
The
discussions come on the heels of continued reports that Heidelberg plans to
significantly downsize its 1,000-employee U.S. operations in Dover and Durham,
N.H. Werner Albrecht, president and chief executive officer of Heidelberg Web
Systems, said there were no plans to move the majority of its operations to a
facility it owns in France, according to an article published in Foster’s
Daily Democrat in late August.
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