HEIDELBERG has come to an arrangement with the Polar Group to acquire the technology, intellectual property (IP), and brand rights of this long-standing partner, together with further assets. The two parties have signed an agreement to this effect.
The POLAR LabelSystem DC-12 RAPID
It is expected that the transaction will be concluded within the coming weeks, after which HEIDELBERG will have exclusive global sales, service, and marketing rights for the postpress products. In this way, HEIDELBERG is consolidating its partnership with Polar Mohr and gaining direct access to further packaging markets in the growth regions of Asia, South America, and the Middle East. All processes relating to new machines, the supply of replacement parts, and service operations will remain the same as before for customers.
The Polar Group companies, owned by SOL Capital Management, will continue to operate as a partner of HEIDELBERG for the future development, production, and assembly of Polar Mohr systems.
