Bobst takes control of Mouvent Printweek team Friday, December 18, 2020
Bobst has bought out its start-up partner in Mouvent, which makes inkjet presses for label and textiles printing, as it looks to develop the business.
Bobst s HQ in Lausanne, Switzerland
The Swiss manufacturer has acquired Radex’s 49.9% stake in the partnership to take full ownership of the Mouvent business, which launched three years ago.
Terms of the deal were undisclosed.
Speaking over the summer about Mouvent, CEO Jean-Pascal Bobst said it was “doing very well in label” adding that he was “very happy with the start-up, which took quite some time”.