MAN Roland to Go Public

WESTMONT, IL—MAN Roland, the world’s second-largest press manufacturer, is on the verge of becoming an independent, publicly traded company.

MAN AG and Allianz Capital Partners GmbH have agreed via a letter of intent to create a joint venture to purchase MAN Roland Druckmaschinen and take it public. Under the deal, MAN AG would have 35 percent equity in the company.