BAVARIA Industries Group AG, Munich, sells its 100% stake in ARTI Group, Bergamo, Italy to AGH S.p.A., Bergamo, Italy

ARTI Group consists of the two printing companies Eurogravure S.p.A. (Treviglio) and Nuovo Istituto Italiano d‘ Arti Grafiche S.p.A. (Bergamo). The group companies employ around 900 staff and generated sales of approximately EUR 100 million in 2017. However, BAVARIA's net proceeds are low due to the existing payment obligations of the Italian holding company.

BAVARIA Industries Group AG holds four European companies with around 2,000 employees. The majority of the industrial holding company, headquartered in Munich, is family-owned and has a long-term investment strategy.

For further questions please contact:

BAVARIA Industries Group AG
Reimar Scholz
Bavariaring 24
80336 Munich
Germany

Tel.: + 49 - (0)89/ 72 98 967-0 
Fax: + 49 - (0)89/ 72 98 967-10
E-Mail: infobaikapde