Bobst has acquired a controlling stake of creasing systems manufacturer, Cito-System to drive its market share in tooling and in packaging production.
The company acquired 51% of Cito-System, while the existing management retains the remaining 49%. Cito-System will continue to be run under the same management with its existing branding and agent network. The company provides multiple components for the converting and die-making industries with expertise in paper, cardboard, and corrugated board.
‘In a world where agility and sustainability are the most critical elements for packaging production, Bobst recognises the strategic role played by tooling. Our partnership with Cito-System will optimise the entire packaging chain in terms of innovation and standardisation,’ said Julien Laran, head of Bobst’s business unit services. ‘Together, we can help optimising and transforming a very fragmented industry, ensuring that die-makers can manufacture and distribute the best possible tooling for an agile packaging production which provides converters with a significant competitive advantage.’
‘Production performance and quality is made by high-tech machines in combination with perfect tools and processes. Now Bobst and Cito-System, leading suppliers in the packaging and tooling industries, are working hand in hand. Combining the two companies’ innovation expertise we can improve performance and quality for the benefit of our customers. I am happy about the new situation because this joint venture makes Cito-System a stronger partner for our customers’ success,’ said Jürgen Mariën, managing director of Cito-System.
Bobst has recognized the growing importance driving the future of the packaging world by integrating all the key components contributing to packaging production. Tooling matters and over the years Bobst has developed a range of tooling innovations. In 2017, Bobst acquired a majority participation in Boxplan, which offers die-cutting products to the packaging industry, including the Hybridsetter, for the production of stripping forms for die-cutters. In 2018, Bobst established the Bobst Certification Program to support die-makers at the local level to tooling for Bobst machines.
‘The partnership with Cito-System is a new and crucial piece of the puzzle. While we have significant expertise in tooling, we want our partners to faster develop and promote die-making components in the market,’ said Raphaël Indermühle, head of sales & marketing of Bobst’s Business Unit Services. ‘Cito-System is one of the leading suppliers in this field. Now, with Bobst, our Certification Program, Boxplan, and Cito-System, we are fully equipped to drive innovation and standardization further, and help pioneer the future of tooling and packaging production.’
