Heidelberg Transfers Web Offset Division to Goss

Heidelberg entered the web offset business by acquiring Harris Graphic Corp. in 1988. In fiscal year 2003/2004, web offset sales amounted to Euro 376 mill. This corresponds to roughly 10 percent of the of the group's total sales (Euro 3,661 billion). More than 2,000 employees at sites mainly in the U.S., France and Netherlands reportedly will be impacted.