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HEIDELBERG has acquired the technology, IP, and brand rights of Polar Mohr, consolidating its partnership with the print finishing manufacturer
HEIDELBERG has come to an arrangement with print finishing manufacturer, Polar Group, to acquire the technology, IP, and brand rights of its Polar Mohr range of products, along with further assets.
The transaction, for an undisclosed sum, will be concluded in the coming weeks, after which HEIDELBERG will have exclusive global sales, service, and marketing rights for Polar Mohr’s postpress products.
The Polar Group companies, owned by SOL Capital Management, will continue to operate as a partner of HEIDELBERG for the future development, production, and assembly of Polar Mohr systems.
According to HEIDELBERG, all processes relating to purchasing new Polar Mohr machines, the supply of replacement parts, and service operations will remain the same as before for customers.
The agreement represent a consolidation of HEIDELBERG’s partnership with Polar Mohr, as part of plans to gain access to further packaging markets in the growth regions of Asia, South America, and the Middle East.
Speaking of the purchase, Jürgen Otto, chief executive officer of HEIDELBERG, says: “HEIDELBERG is aiming to achieve targeted growth through M&A activities in attractive market segments.
“This acquisition underscores our credentials as a full-range supplier for our customers in the packaging and label industry, including service, and gives us exclusivity in a growing market.”
The collaboration between the companies dates back to the 1950s, with HEIDELBERG already offering postpress systems from Polar Mohr as part of its solutions portfolio.
HEIDELBERG aims to use the purchase to focus on automation, digitalisation, and workflow integration, with a view to boosting the productivity of customers’ value chains in packaging and label production.
Polar Mohr’s product range includes components and systems that link up and automate processes including loading, jogging, cutting, and die cutting.
Speaking about HEIDELBERG’s role in the market, Otto adds: “As a systems integrator, we cover the entire value chain of a packaging print shop – on a fully integrated and networked basis – to ensure production is highly productive. Polar Mohr systems play a key role in this context.”
Paul Niederkofler, managing partner at SOL Capital Management, comments: “When we took over the Polar Group in early 2023, we acquired a tradition-steeped group of companies full of innovative spirit.
“Over the past couple of years, we have further intensified the collaboration with HEIDELBERG. The next logical step for us was the long-term consolidation of this very close relationship. We are delighted to be taking the next important step together with this sale of brand rights and technology and the full incorporation of sales and service activities into the HEIDELBERG organisation.”
