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PrintFactory is expanding its global reach with the redeployment of senior staff to support the fast growing technology firm’s focus on Europe and the U.S.

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Andreas Schütte (56) will step down from the Management Board of Gerresheimer AG at his own request as of February 28, 2019 in order to pursue new career challenges. The Supervisory Board of Gerresheimer AG approved this wish at its meeting yesterday. Andreas Schütte has served on the Management Board of Gerresheimer AG since 2009 with responsibility for the Plastics & Devices and Advanced Technologies Divisions. These responsibilities will be assumed from March 1, 2019 by Dietmar Siemssen, who takes up office as CEO of Gerresheimer AG on November 1, 2018.

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Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced that its Board of Directors has named William (Bill) D. Muir as its new Chief Executive Officer. Muir was most recently the Chief Operating Officer of Jabil, a product solutions company. His appointment is effective October 15, 2018, when he will also join the Board of Directors.

Muir succeeds Guy Gecht, who informed the Board he intended to step down as CEO upon the appointment of his successor, as the Company announced on July 30, 2018. Gecht will remain a member of the Board of Directors and will be an advisor to the CEO.

"Bill is going to take EFI to the next level," said Gecht. "At Jabil his experience and track record included scaling multi-billion dollar businesses, driving execution and setting the firm's strategic direction. This background uniquely prepares him to be the next CEO of EFI. I look forward to watching him lead EFI and helping him in any way he chooses as the Company continues to lead the digital transformation of industries globally where colorful images matter."

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  • New Filmolux Group Manager
  • Establishing a central Filmolux Group Management for product range development, marketing and new strategies
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Expertise of global sales and marketing executive will expand Memjet’s presence in the EMEA region

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The trained master printer Tibor Küstermann has strengthens the technical service in the area Metal Decoration at the ink manufacturer Zeller+Gmelin GmbH & Co. KG since June 2018. He gained his comprehensive professional experience as the Head of the Department Printing at a large label printing company and as the head of the test printing plant of a reputable paper mill, among others. By employing Tibor Küstermann, the company from Eislingen in Swabia, Germany, further expands the staff capacities in the always important service area on the one hand and, at the same time, emphasises the great importance the market segment Metal Decoration has achieved during the past years.

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Order backlog of €804 million in Q3 indicates strong final quarter

Nine-month sales of €1,693 million approximately 2 percent up on previous year
Solid operating result (EBITDA) of €101 million – net result after taxes improves
Targets for financial year 2018/2019 as a whole still in sight

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Masterwork Group Co., Ltd. from China aiming to use capital increase to obtain a stake in Heidelberg

Increase in equity ratio set to improve Heidelberg balance sheet

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Stora Enso has increased its ownership up to 100% in the Sweden-based company Cellutech AB. The company specialises in the development of new materials and applications based on cellulose, micro-fibrillated cellulose (MFC) and other wood-based components.

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Move will facilitate ongoing growth of St. Albans firm

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- Most significant tech acquisition of 2018 will unlock true value of cloud for business
- IBM and Red Hat to provide open approach to cloud, featuring unprecedented security and portability across multiple clouds
- Deal accelerates IBM's high-value business model, making IBM the #1 hybrid cloud provider in an emerging $1 trillion growth market
- Acquisition will be free cash flow and gross margin accretive within 12 months, accelerate revenue growth and support a solid and growing dividend
- IBM to maintain Red Hat's open source innovation legacy, scaling its vast technology portfolio and empowering its widespread developer community
- Red Hat to operate as a distinct unit within IBM's Hybrid Cloud team

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STRONG CASH FLOWS PROVIDE FOR $100 MILLION DEBT REDUCTION

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