23 December 2020
Heidelberg Sell Chemical Division To Manroland Sheetfed Parent
GERMANY ,—
Parent company has bought Heidelberg's pressroom chemical divison
Parent company has bought Heidelberg's pressroom chemical division
 Langley Holdings owner of Manroland Sheetfed offset press manufacturer has acquired printing chemicals consumables manufacturers division , HiTech Chemicals and Blue Products from Heidelberger. The acquisition includes the Kruibeke, Belgium based production facility which produces  printing chemicals consumables for flexographic, digital and offset printing for the packaging and commercial markets.
Heidelberg's HiTech Chemical plant
Heidelberg's HiTech Chemical plant
"With the withdrawal from the production of pressroom chemicals, we are making very good progress with our realignment and concentration on our core activities," said Rainer Hundsdörfer, CEO of Heidelberg. "We will use the funds freed up by this to safeguard our liquidity in times of the Covid-19 pandemic.  The €20.5 million sale was completed in under six weeks. 
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