Equipment manufacturers

Masterwork Group chairman Li Li has been appointed to Heidelberg’s supervisory board.

Koenig & Bauer has reaffirmed that it is on track to meet its sales and profit targets for this year in the light of last week’s trading outlook warning from arch-rival Heidelberg.

Bobst has reported a slowdown in sales for the first half of 2019 and subsequently issued a warning on growth for the remainder of the year.

Former Xerox chief executive Jeff Jacobson has become executive chairman of EFI after the private equity firm that he recently joined as an executive partner completed its acquisition of EFI.

Heidelberg has downgraded its profit expectations for the current financial year after weak trading in June – particularly in its home market of Germany – caused the group to revise forecasts.

Duplo UK has appointed a new managing director, a digital veteran with more than 20 years industry experience.

Kolbus UK has strengthened its team with the addition of three new appointments, aimed to expand its presence in both the packaging and book markets.

Creasing matrix and profile rubbers manufacturer C&T Channel Matrix has expanded its steel cutting plate portfolio with the addition of new sizes.

Inca Digital has expanded its Onset X family of high-performance flatbed printers with the launch of the Onset X HS (High Speed) range.

Former Xerox CEO Jeff Jacobson has joined private equity firm Siris Capital as an executive partner.