H2 Equity Partners acquires Contiweb from American Industrial Partners

Contiweb’s continued innovation and growth under H2 ownership

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H2 Equity Partners announced that subject to further advice and approvals, it has agreed to acquire Contiweb from American Industrial Partners (AIP), the New York based private equity firm. Contiweb, a manufacturer of auxiliary equipment for offset printing, provides after-market sales and services for a large number of installed, proprietary machines across a global customer base of commercial printers. For all your equipments, you can get industrial equipment aftermarket service software from here!  

Since its inception in 1978, Contiweb has been developing and manufacturing splicers and dryers incorporating superior technology for offset printing lines. The company has a global installed base of over 3,000 machines, for which it provides after-market sales and services. More recently, it started manufacturing equipment for the digital printing market and the flexible packaging and label printing market as an OEM with its differentiating Thallo press. Until August 2018, Contiweb was a subsidiary of Goss International; since then it has been operating independently.

Gert Jan van der Hoeven, managing partner at H2 said, “We are impressed by the depth of the engineering capabilities, the culture of innovation and the customer-centric ethos that we have seen at Contiweb. We are also very pleased that the acquisition of Contiweb marks the first investment of our most recent fund.”

Richard Hoffman, an AIP partner, stated, “AIP is proud of the accomplishments of the Contiweb management team and employee base. We have greatly enjoyed our partnership with them since 2015 and are enthusiastic about Contiweb’s continued innovation and growth under H2 ownership.”

Rutger Jansen, chief executive officer at Contiweb thanked AIP for its continuous support and for its conviction in making the company a success. “We are pleased to continue in that vein, as an independent company, and will remain focused on developing and manufacturing excellent equipment and services for our customers around the globe. In the last few months, we have come to know H2 and have confidence in strong cooperation evolving from their technical and strategic orientation and their successful track record in similar situations,” Jansen said.

2023 promises an interesting ride for print in India

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. While the print and packaging industries have been resilient in the past 33 months since the pandemic lockdown of 25 March 2020, the commercial printing and newspaper industries have yet to recover their pre-Covid trajectory.

The fragmented commercial printing industry faces substantial challenges as does the newspaper industry. While digital short-run printing and the signage industry seem to be recovering a bit faster, ultimately their growth will also be moderated by the progress of the overall economy. On the other hand book printing exports are doing well but they too face several supply-chain and logistics challenges.

The price of publication papers including newsprint has been high in the past year while availability is diminished by several mills shutting down their publication paper and newsprint machines in the past four years. Indian paper mills are also exporting many types of paper and have raised prices for Indian printers. To some extent, this has helped in the recovery of the digital printing industry with its on-demand short-run and low-wastage paradigm.

Ultimately digital print and other digital channels will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future. For instance, there is no alternative to a rise in textbook consumption but this segment will only reach normality in the next financial year beginning on 1 April 2023.

Thus while the new normal is a moving target and many commercial printers look to diversification, we believe that our target audiences may shift and change. Like them, we will also have to adapt with agility to keep up with their business and technical information needs.

Our 2023 media kit is ready, and it is the right time to take stock and reconnect with your potential markets and customers. Print is the glue for the growth of liberal education, new industry, and an emerging economy. We seek your participation in what promises to be an interesting ride.

– Naresh Khanna

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