Heidelberg, Goss speculation carries into Ifra

The ongoing talks between Heidelberg and Goss International over the future of Heidelbergs Web Systems division were the subject of much speculation at Ifra this week.

One source at a newspaper printer said any deal would be a good fit for Goss, adding: Heidelberg hasnt exactly made a lot of money out of its newspaper business and it must have invested very heavily.

Heidelbergs manufacturing operations in Dover, New Hampshire, would be attractive to Goss, he said, as it did not have any manufacturing plants in the US.

A manufacturing source pointed to the fact that Heidelbergs majority shareholder, RWE, wanted the group to divest its loss-making divisions to get a better return on its stake, which it intends to sell.

It would be much easier and more profitable to sell a profitable sheetfed business, he said.

If you asked Goss for a list of its suppliers you would get a 2pp document, he added. The company needs a manufacturing facility to really call itself a manufacturer.

Speculation about the timing of an announcement ranged from the end of this week to next January.

Story by John Davies at IfraExpo