Bobst (company)

Last updated
Bobst Group SA
Company type Limited Company Société Anonyme
ISIN:  CH0012684657
Industry Packaging and labeling
Founded1890 (1890)
FounderJoseph Bobst
Headquarters Mex, Switzerland
Area served
Worldwide
Key people
Jean-Pascal Bobst
ProductsEquipment and services for packaging manufacturers
RevenueIncrease2.svg CHF 1.563 billion (2021)
Decrease2.svg CHF 87 million (2018)
Total assets JBF Finance SA
Silchester International Investors LLP
Bobst Group SA
Sarasin Investmentfonds AG... [1]
Number of employees
5,809 (2021)
Website www.bobst.com

Bobst is a Swiss company that supplies machinery and services to the packaging industry. Products include machines for the manufacture of packaging and its derivatives (such as labels, bags, and adhesive strips) from solid board, corrugated board or flexible materials (plastic films, etc.). The headquarters of the organization is in Mex, near Lausanne, Switzerland.

Contents

History

Founded in 1890 by Joseph Bobst [2] in Lausanne, Switzerland, BOBST has a presence in more than 50 countries, runs 14 production facilities in 8 countries and employs close to 5,400 people around the world. The firm recorded a consolidated turnover of CHF 1.563 billion for 2021.

The company was established to supply commercial printers in Lausanne. The trademark ‘Bobst’ was filed in 1917 [3] and was followed by the formation of a limited company with the name J. Bobst & Fils SA in 1918. [4]

In 1936 the company opened its first sales office outside of Switzerland, in Paris, France. In 1938, [5] J. Bobst & Fils SA moved to a new industrial production site in Prilly, a suburb of Lausanne. The Autoplaten die-cutter was invented by the company in 1940. In 1965, J. Bobst & Fils SA acquired the Champlain company of Roseland, New Jersey, [6] which is now called Bobst North America Inc. In the same year Bobst Italiana was created, this subsidiary now being called Bobst Italia SpA. [7] Nihon Bobst KK was established in 1970 and now has the name Bobst Japan Ltd. [8] The Group established a presence in Latin America in 1974 with the creation of Bobst Brazil, now called Bobst Latinoamérica do Sul Ltda. [9] An additional production site at Mex, near Lausanne, was established in 1977.

The name of the company was changed to Bobst SA in 1978 and in the same year it was introduced to the Lausanne Stock Exchange. [10]

In July 2017, Bobst created a new startup located in Switzerland called Mouvent. This 100 employee company is responsible for the design, integration and production of inkjet printing engines or clusters, chemicals, pre-coating, varnish, inks and software.

Foreign offices

Bobst Canada was created in 1979 [11] and in 1980 a factory was opened in Maua, Brazil. [12] In 1985 Bobst SA made two foreign acquisitions - Martin, a company with premises in Villeurbanne and Bron, both near Lyon, France, and Peters Maschinenfabrik GmbH of Hamburg, Germany. In 1987 Bobst Group Italia took a stake in Schiavi SpA, [13] a company with production facilities in Piacenza and Modena, Italy, first established in 1927. Bobst Group Benelux (now Bobst Benelux NV) was established in 1989 and Bobst Group Deutschland (now Bobst Meerbusch GmbH) was established in 1990. [14]

Bobst Group Africa & Middle East (now Bobst Africa & Middle East Ltd) was opened in Tunisia in 1992. [15] In 1993 Bobst SA acquired Asitrade AG of Grenchen, Switzerland and also established Bobst Group Central Europe (now Bobst Central Europe s.r.o.) in the Czech Republic. Bobst Group Taiwan and Bobst Group Malaysia (now Bobst Malaysia Sdn. Bhd) were created in 1994, [16] followed by the creation of Bobst India Pvt. Ltd and Bobst Indonesia (now PT. Bobst Jakarta) in 1995 and Bobst Group Thailand (now Bobst Thailand Ltd) in 1996. [17]

In 1997 two new factories were opened, one in Itatiba, Brazil and the other in Shanghai, China. In the same year Bobst Group Latinoamérica Norte was established in Mexico (now Bobst Latinoamerica Norte SA de CV). In 1998 The Corrugating Roll Corporation of Rutledge, Tennessee was acquired and Bobst Group Vostok (now Bobst CIS LLC) was created in Moscow, Russia. Bobst Group Polska (now Bobst Polska Sp. zoo) was established in Poland in 1999. [18]

In 2000 a partnership agreement was signed with the BHS Group of Weiherhammer (Germany). [19] [20] In the same year Bobst acquired Fairfield Enterprises PLC of Redditch (UK, established 1884 as Oscar Friedheim), [21] a leading supplier of finishing, converting and packaging machinery, paying 200p per share. [22] Fairfields activities concerning the distribution of Bobst machinery in the UK and Ireland were renamed ″Bobst UK Holdings Ltd″. The remaining parts of Fairfield, Friedheim International [23] and Lasercomb Group, [24] were sold to their management in 2005 and 2006 respectively. Also in 2000 Bobst Group Scandinavia (now Bobst Scandinavia ApS) was created in Denmark. [25]

2001 saw a legal restructuring of the group with all holdings subsequently managed by Bobst Group SA. [26] In the same year the Shanghai, China and Itatiba, Brazil plants were enlarged. [27] In 2002 a factory was built in Pune (India) and a representative office opened in Kyiv, Ukraine. In 2003 the site at Bron, Lyon was expanded and Bobst Group Ventas y Servicios España (now Bobst Ibérica, S.L.) was established in Barcelona, [28] Spain. A series of acquisitions were made in 2004 [29] which included the Atlas, General, Midi, Rotomec and Titan brands as well as a majority shareholding in Steuer GmbH Printing Technology of Leinfelden, Germany. [30] In 2006 the companies Rotomec SpA, Schiavi SpA and Bobst Italia SpA were merged and took the name Bobst Group Italia SpA (now Bobst Italia SpA). Fischer & Krecke GmbH based in Bielefeld, Germany was acquired in 2008. [31]

In 2009, Bobst Group companies FAG, located in Avenches, Switzerland, and Rapidex, located in Angers, France, were closed. Bobst Group SA appointed a new CEO, Jean-Pascal Bobst, on May 7, 2009 and the group began a transformation program. [32] A structure by Business Unit and the concept of lean production were introduced in 2010. [33] In the same year a project was started to consolidate all the operations of Bobst SA on the Mex, Switzerland site and to sell the company’s land and buildings at Prilly. Bobst Group company Atlas Converting Equipment Ltd of Bedford, UK, was sold to its management. In 2011 Bobst Group acquired 65% of the shares in Gordon Ltd of Hong Kong. [34] In 2012, General was renamed Bobst Manchester Ltd. [35]

In 2012, the Group’s historically grown brand portfolio was consolidated under a single brand: BOBST.

The official opening of the consolidated site at Mex, Switzerland, took place in 2013. [36] In 2014, Bobst partnered with Kodak to develop new products. [37]

In 2014, Bobst Group’s consolidated sales amounted to SFr  1.30 billion. [1] The company has eleven production sites in eight countries and employs around 5000 people across fifty countries. Bobst Group is listed on the Swiss stock exchange SIX Swiss Exchange.

In 2015 Bobst acquired Nuova Gidue Srl, [38] a manufacturer of inline flexo presses and multi-process printing and converting lines for the labels and flexible packaging industries, based near Florence, Italy. The company is renamed Bobst Firenze Srl. [39] Bobst also acquired full ownership of Gordon Ltd.

Corporate structure

The Bobst organization is organized around three business divisions: [40]


Related Research Articles

<span class="mw-page-title-main">Nestlé</span> Swiss multinational food company

Nestlé S.A. is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 2014. It ranked No. 64 on the Fortune Global 500 in 2017. In 2023, the company was ranked 50th in the Forbes Global 2000.

<span class="mw-page-title-main">Doppelmayr/Garaventa Group</span> Austrian manufacturing company

Doppelmayr/Garaventa Group is an international manufacturer of ropeways and people movers for ski areas, urban transport, amusement parks, and material handling systems. As of 2023, the group have produced over 15,400 installations in 96 countries. Their annual revenue in 2022/2023 was 946 million euros. The Doppelmayr/Garaventa Group was formed in 2002 when Doppelmayr of Wolfurt, Austria merged with Garaventa AG of Switzerland to form the world's largest ropeway manufacturer.

<span class="mw-page-title-main">TIM Group</span> Italian telecommunications company

TIM S.p.A. is an Italian telecommunications company with headquarters in Rome, Milan, and Naples, which provides fixed telephony and DSL data services.

<span class="mw-page-title-main">Amcor</span> Packaging company

Amcor plc is a global packaging company. It develops and produces flexible packaging, rigid containers, specialty cartons, closures and services for food, beverage, pharmaceutical, medical-device, home and personal-care, and other products.

<span class="mw-page-title-main">Tessellis</span> Italian telecommunications company

Tessellis S.p.A. is an Italian telecommunications company founded in 1998 and based in Cagliari, Sardinia, that provides Internet and telecommunications services in Italy, and, previously had operations in other European nations through its acquisition of many smaller European Internet Service Providers (ISPs) in the late 1990s.

<span class="mw-page-title-main">The Adecco Group</span> Swiss multinational human resource consulting company

The Adecco Group is a Swiss–French company based in Zurich, Switzerland. It is the world's second largest Human Resources provider and temporary staffing firm, and a Fortune Global 500 company.

<span class="mw-page-title-main">Foster Wheeler</span>

Foster Wheeler AG was a Swiss global engineering conglomerate with its principal executive offices in Reading, UK and its registered office in Baar, Canton of Zug, Switzerland. Foster Wheeler was added to the NASDAQ-100 on 12 July 2007. On 13 November 2014 Foster Wheeler merged with Amec plc to form Amec Foster Wheeler. The resultant company was acquired by and merged into Wood Group in October 2017.

<span class="mw-page-title-main">Wind Hellas</span> Former greek telecommunications company

WIND Hellas was a Greek integrated telecommunications provider with headquarters in Athens, Greece.

<span class="mw-page-title-main">Sky Deutschland</span> German media company

Sky Deutschland GmbH, branded as Sky, is a German media company that operates a direct broadcast satellite Pay TV platform in Germany, Austria and Switzerland. It provides a collection of basic and premium digital subscription television channels of different categories via satellite and cable television.

<span class="mw-page-title-main">T-Systems</span> German IT services company

T-Systems International GmbH (T-Systems) is an internationally operating service provider for information technologies and digital transformation. The company is part of Deutsche Telekom AG and is headquartered in Frankfurt am Main.

<span class="mw-page-title-main">Maire Tecnimont</span> Company in Milan, Italy

MAIRE is a company listed on the Milan Stock Exchange.

Crédit Agricole Italia S.p.A., formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.

<span class="mw-page-title-main">LeasePlan</span>

LeasePlan is an international company of Dutch origins, specialised in automobile leasing and fleet management - its products are composed of operational fleet management services. Founded in 1963, it has more than 14% of its approximately 6,600 employees working out of the Netherlands.

<span class="mw-page-title-main">Bracco (company)</span>

The Bracco Group is an Italian multinational active in the healthcare sector with more than 3,300 employees worldwide, which operates in a variety of business areas.

<span class="mw-page-title-main">Vontobel</span>

Vontobel Holding AG is a Swiss private banking and investment management group headquartered in Zurich. Established in 1924, as of August 2021, Vontobel has over 2,000 employees across 26 worldwide locations. Vontobel group's core businesses are Wealth Management, Asset Management and Digital Investing, catering to wealthy private clients as well as institutional investors. Among the top tier Swiss banks, Vontobel holds around $300 billion of client assets.

FCA Bank S.p.A., a joint venture between FCA Italy and Crédit Agricole Consumer Finance, is a bank dedicated to motorists, which mainly operates in the automotive financing sector and cooperates with the automotive brands Alfa Romeo, Chrysler, Fiat, Jeep, Abarth, Maserati, Aston Martin, Jaguar, Lotus and Land Rover, as well as motorhome and caravan manufacturer Hymer.

<span class="mw-page-title-main">Credito Valtellinese</span>

Credito Valtellinese was an Italian bank based in Sondrio prior to its acquisition by Crédit Agricole Italia in 2021. The company was a former component of FTSE Italia Mid Cap Index of the Borsa Italiana, but was removed and added as a component of FTSE Italia Small Cap Index in May 2017; the bank was added back to the reserve list of FTSE Italia Mid Cap in August 2017.

<span class="mw-page-title-main">Rizzoli Libri</span> Italian book publishing division, former company in publishing book and textbooks

Rizzoli Libri, formerly Rizzoli Libri S.p.A. and RCS Libri S.p.A. is an Italian book publisher and a division of Mondadori Libri, a wholly owned subsidiary of Arnoldo Mondadori Editore. RCS Libri was a former subsidiary of RCS MediaGroup, but in 2015, most of the book publishing division was sold to Arnoldo Mondadori Editore, with some imprints of RCS Libri, were either sold by RCS MediaGroup or Arnoldo Mondadori Editore to third parties, as part of an antitrust deal. RCS MediaGroup retained the brand Rizzoli for non-book publishing, while Arnoldo Mondadori Editore has the exclusive rights to use the brand Rizzoli in book publishing.

Duferco Participations Holding SA, is a company based in Luxembourg City, Luxembourg. Its main business is trading, producing, importing and exporting steel.

<span class="mw-page-title-main">Fairfield Enterprises</span> British-based manufacturer of industrial belting

Fairfiel Enterprises was a leading British-based machine distributor and supplier of tooling and support services to the printing and packaging industries. The company was taken over in 2000 by the Swiss company Bobst AG, a supplier of machinery and services to the packaging industry.

References

  1. 1 2 "Significant shareholders". Bobst. Archived from the original on 23 April 2016. Retrieved 30 January 2016.
  2. "BOBST is Celebrating its 125th Anniversary with Dynamism and Commitment". Packaging-Europe. 2015. Archived from the original on 2016-09-14. Retrieved 18 March 2016.
  3. "BOBST - Trademark Details". Justia. 2002. Retrieved 18 March 2016.
  4. "BOBST - Trademark Details". Justia. 2002. Retrieved 18 March 2016.
  5. "Lifetime Achievement Award". FSEA. 2008. Retrieved 18 March 2016.
  6. "Drupa 2012". TobaccoJournal. 2012. Retrieved 18 March 2016.
  7. "Bobst Italia Company Profile". Hoovers. 2014. Retrieved 18 March 2016.
  8. "Bobst milestones". Fuda. 2015. Archived from the original on 18 April 2016. Retrieved 18 March 2016.
  9. "Bobst Group Latinoamerica do Sul Ltda: Company Profile". Bloomberg Business. 2015. Retrieved 18 March 2016.
  10. "Bobst story". hls-dhs-dss (in French). 2010. Retrieved 18 March 2016.
  11. "Company Overview". Datalog. 1979. Retrieved 27 November 2015.
  12. "Hedging". PatrickLaurent. 2014. Archived from the original on 21 April 2016. Retrieved 18 March 2016.
  13. "Bobst Mex SA". Birkner. 2008. Retrieved 18 March 2016.
  14. "Bobst Group Deutschland". Paper World (in German). 2008. Retrieved 18 March 2016.
  15. "Bobst Africa & Middle East Celebrates 20 Years of Success". MePrinter. 2013. Archived from the original on 19 April 2016. Retrieved 25 March 2016.
  16. Renmin Chinese Law Review. 2013. ISBN   9781784715816 . Retrieved 25 March 2016.
  17. "Bobst history". Birkner. 2008. Retrieved 18 March 2016.
  18. "BOBST POLSKA SP Z O O (KRS: 0000147396)". KRS ONline (in Polish). 2010. Retrieved 25 March 2016.
  19. "BHS joins Bobst as new partner". Paper and Print. 2000. Archived from the original on 22 December 2015. Retrieved 25 March 2016.
  20. "BHS joins Bobst as new partner". Paper and Print. 2001. Archived from the original on 22 December 2015. Retrieved 27 November 2015.
  21. Bobst - Milestones
  22. ″Fairfield bows to bobst″, 31. January 2000 on www.citywire.com
  23. Friedheim - Timeline
  24. About Lasercomb
  25. "Bobst Scandinavia ApS". Largest Companies. 2000. Retrieved 25 March 2016.
  26. "Groupe Bobst: Très bons résultats en 2000". PressPortal CH (in French). 2000. Retrieved 25 March 2016.
  27. "Packaging Machinery Market Research Report" (PDF). PMMI. 2004. Archived from the original (PDF) on 21 April 2016. Retrieved 25 March 2016.
  28. "Bobst Iberica Información de la Empresa". Alabrent (in Spanish). 2008. Retrieved 25 March 2016.
  29. "Bobst Group completed acquisitions". GK Technimedia. 2004. Archived from the original on 22 April 2016. Retrieved 25 March 2016.
  30. "Top dozen new products from Bobst". i-grafix. 2004. Retrieved 30 January 2016.
  31. "Bobst buys Fischer & Krecke". i-grafix. 2007. Retrieved 30 January 2016.
  32. "Année noire en 2009 pour le vaudois Bobst". RTS (in French). 2009. Retrieved 25 March 2016.
  33. "Bobst Group announces realignment". FlexPaclMag. 2010. Retrieved 30 January 2016.
  34. "Bobst acquire Gordon Ltd". Canadian Packaging. 2011. Retrieved 25 March 2016.
  35. "Bobst Manchester Ltd Company info". UK Company DB. 2012. Retrieved 25 March 2016.
  36. "Inside Mex : journal du personnel de Bobst Mex SA". Swiss National Library (in French). 2010. Retrieved 25 March 2016.
  37. "Kodak and Bobst Partner to Bring New Solutions to the Packaging Industry". 2013. Archived from the original on 2016-05-04. Retrieved 25 March 2016.
  38. "Bobst Acquires Majority Stake in Italian Printing Manufacturer". FlexPaclMag.com. 2015. Retrieved 30 January 2016.
  39. "Nuova Gidue Is Now Bobst Firenze". 2015. Archived from the original on 2016-05-04. Retrieved 25 March 2016.
  40. "Going large with digital". PaperandPrint. 2013. Archived from the original on 19 April 2016. Retrieved 30 January 2016.