Transactions

In February 2020 the entrepreneurial family Binder entered into a purchase agreement with the Komori Corporation, Japan on the sale of the MBO Group. The brands MBO (Maschinenbau Oppenweiler Binder) and Herzog+Heymann will continue to exist after the acquisition.

Founded in 1965 and headquartered in Oppenweiler near Stuttgart, the MBO Group manufactures and distributes processing machines for digital and offset printing, as well as for mailing, pharmaceutical and special applications. In addition, MBO is a leading company in the development of automation and software solutions, notably for post-press steps in the printing industry.

Since its establishment in 1923, the Komori Group is well known for its high-quality offset printing machines as well as for their finishing units.  Listed on the Tokyo stock exchange, the company achieved sales of approximately EUR 750 million (exchange rate converted) in 2019. Through the acquisition of the MBO Group the company has now established its presence in the post-press sector.

The transaction covers all manufacturing sites of the MBO Group, Oppenweiler and Bielefeld in Germany, Porto in Portugal as well as all international sales organizations with a total workforce of 450 employees. The transaction is to be carried out in the first half of 2020. The sale to Komori provides the employees of MBO and their business partners with reliability and ensures growth opportunities in a dynamic developing market environment.