Bobst Group SA (OTCCH:BOBNN) acquired an additional 39% stake in CITO-SYSTEM GmbH from Jürgen Mariën on May 9, 2023. CITO will continue to run independently, led by members of its existing leadership team. Oliver Kellermann has been appointed co-Managing Director alongside existing co-Managing Director Thomas Gerner. They will continue to manage and oversee the day-to-day running of the company alongside René Seick, Director of Technology. CITO’s offering of consumables and services are now fully part of the BOBST portfolio.

Bobst Group SA (OTCCH:BOBNN) completed the acquisition of an additional 39% stake in CITO-SYSTEM GmbH from Jürgen Mariën on May 9, 2023.