Interprint is for sale
Wrede Industrieholding is looking for a takeover partner for the business division "Decorative Surfaces", Interprint.
Thomas Wrede, Chairman of the Wrede Foundation and Managing Director of Wrede Industrieholding until 2015, comments: "After intensive consideration and discussion, we have come to the conclusion that the next generation will not be responsible for Interprint. My grandfather built a sawmill, my father built Duropal, I built up Interprint and the next generation should build something new and own. This should be allowed to her and no-one to squeeze into a role that he is willing to accept only out of sense of duty and traditional consciousness. That will hurt everyone in the end. "
Against this background, Wrede Industrieholding, with the support of a renowned management consultancy, has started a process to find the right partner together with the Interprint management to actively support Interprint on the promising and challenging path to the future.
"We - the Wrede family and myself - are aware of our great responsibility in this search. If we find the suitable - passionate - successor in the role of shareholder next year, it remains to be seen whether we will go this way together or put all the shares into his hands, "explains Thomas Wrede. "When selecting an investor or partner, our top priority will be to continue our growth course and expand the Interprint Group worldwide in the future as well."
Since its founding in 1969, Interprint has become a leading global decor printer with over 1,300 employees, sales of more than 350 million eueo and production sites in Germany, Poland, Russia, China, Malaysia, the USA and Brazil. In the last ten years alone, sales have more than doubled.