KBA Selling Gravure Business to Cerutti

KBA will design and manufacture the folders for all new Cerutti publication rotogravure presses. In addition KBA will continue to provide after-sales service for the rotogravure presses it sold up to the date of the transaction.

The agreement will allow the two groups to optimise the development and manufacture of their products and to achieve substantial synergies. It will deliver major competitive advantages to printers operating publication rotogravure presses in a highly competitive environment that is being further exacerbated by the evolution of other printing process and new communication technologies.