manroland

OFFENBACH, GERMANY—Insolvent press manufacturer manroland AG has secured an agreement for “Massekredit” (similar to debtor-in-possession financing) through Werner Schneider, the provisional insolvency administrator.

Today it is becoming much more common to find printers using more than one printing technology. The trend in the future will be for much of the work to be done using a common workflow and for the output technology to be selected at the time of production.

OFFENBACH, GERMANY–After negotiations with a potential investor failed to reach fruition, web and sheetfed offset press manufacturer manroland AG has filed for bankruptcy protection. Its insolvency proceedings here represents Germany’s largest corporate filing in two years, Bloomberg.com reported.

manroland’s mass credit (similar to debtor-in-possession financing) of €55 million includes €10 million in the form of a cash drawing facility, and a further €45 million is a so-called “partial” mass credit in which the lending banks release part of the forgone loans.

Through a debtor in possession insolvency procedure, the executive board of manroland aims to rescue key units within the framework of ongoing restructuring efforts. Negotiations with a potential investor failed in the home stretch. Another dramatic downturn in incoming orders triggered the decision.

FRANKFURT, GERMANY—A European investor with ties to machine engineering is reportedly negotiating with the primary shareholder of press manufacturer manroland to acquire the firm. Citing two sources, Reuters said the unnamed investor has been in talks with Allianz Capital Partners, which is manroland's majority shareholder.

The International Senefelder Foundation (ISS) was founded on Nov. 6, 1971, to commemorate the 200th birthday of Alois Senefelder. It’s purpose is to preserve the memory of this brilliant inventor, to foster the efforts of young artists and technicians, to collect documents, objects and lithographs, as well as to organize or support exhibitions that promote the technique of lithography and its further development.

The Gegenheimer Individual and Corporate Awards for Industry Service were presented to Jochen Meissner, president and CEO of Goss International Americas, and manroland Inc., respectively. The award program recognizes leadership and participation in NPES and industry activities, civic leadership and technical innovation.

Colorman e:line is the name of the new flagship web press for newspaper printing that manroland presented as a world premiere. The first press of this type in blanket-to-blanket design and with a totally new appearance will be installed in 2012 at the Allgäuer Zeitungsverlag in Kempten, Germany.

Executive Board member Dr. Markus Rall, responsible for the business sectors Sheetfed Printing Systems and Production at manroland AG, is to leave the company of his own accord in October 2011 to seek new career challenges. His duties will be taken over by CEO Gerd Finkbeiner.