According to a Heidelberg spokesman: "We are in negotiations with Mathias Bauerle, discussing something along the lines of a
co-operation contract."
The deal is believed to centre on MB's flagship fully automatic PrestigeFold Net 52, but this was not confirmed by the firm.
According to the spokesman: "We can't talk in detail because questions are still on the table... We will announce something official at Print 05 in Chicago."
Sources, however, believe the move is a done deal. "It would allow them to compete with MBO, who own H+H, and give them the small-format folders that they are probably currently looking to get," said one.
Mike Biggs, managing director of MB's UK agent Encore Machinery, said: "They might be in discussions but nothing's been decided."
MB declined to comment.
Story by Darryl Danielli
Have your say in the Printweek Poll
Related stories
Latest comments
"I have worked in quite a few print sectors, including Walstead in the past. It is all tough, but most will not be surprised that the packaging sector is still growing. However, the service in the..."
""longer run litho work had “now returned to the Far East”?
Is this happening a lot?"
"Thanks Jo, look forward to reading it in due course. Administrators generally argue that they need to act with lightning speed in order to protect the business/jobs, thereby overlooking the fact that..."
Up next...
Revenue up to £3.2m, profits quadupled
Footprint picks up pace of acquisition strategy with Swindon’s C3
Controversy emerges over relationship with potential suitor
National World shares soar on takeover approach
24/7 access for customers
Bakergoodchild launches new SaaS platform
Strategic move for global growth