After announcing the relocation of its assembly lines, Swedish manufacturer of finishing systems for the digital printing market Plockmatic announces the acquisition of German manufacturer Renz.
Specializing in ring binder systems and supplies ranging from professional to office solutions, Renz had been in insolvency proceedings since 2024, as a direct consequence of the difficulties encountered during the health crisis. Present in over 80 countries, Renz includes subsidiaries in the UK, Australia, Argentina and Turkey, all of which are included in the Plockmatic takeover.
With this acquisition, which should be finalized in the third quarter of 2025, Plockmatic acquires a complete range of ring binder solutions, a type of equipment that has not been part of its catalog until now "a complementary segment to the existing offer" says the group.
A new generation of wire-binding solutions
The Renz portfolio includes machines for both the office and graphic arts markets, as well as in-house production of wire consumables. Plockmatic anticipates synergies in sales, sourcing, production and R&D.
"The aim is to develop a new generation of automated wire-binding solutions for calendar and book production, says Plockmatic.
The integration of Renz will give Plockmatic, in addition to the geographical positions of Renz subsidiaries, access to "a local sales force in Germany", a market that Jan Marstorp, CEO of Plockmatic Group, identifies as "strategic" for its development.
On the German side, Michael Schubert, CEO of Renz, is pleased with this positive outcome: "Becoming a Plockmatic Group entity and finding a long-term solution for Renz, after some very difficult years, gives us renewed confidence in the future."
He emphasizes our renewed ability to invest: "With insolvency behind us and access to the resources of the Plockmatic Group, we will now be able to invest in new products and continue our long-term partnerships with customers and suppliers."
