Heidelberg has confirmed its exit from the web market, and possibly digital too, as part of a major realignment.
The German group said it is 'making good progress' with negotiations to sell its web arm, and while the name of the potential buyer remains under wraps, it is believed to be Goss.
Its digital division too seems likely to be sold, with Kodak being tipped to pick it up, but at the moment Heidelberg will only confirm it is being 'repositioned'.
Postpress is to become a separate legal entity, but PrintWeek understands Heidelberg will retain stitching and folding interests and sell off its web finishing range.
In addition, a further …