BOBST Company Profile

Background

Overview

BOBST is a Swiss company established in 1890 by Joseph Bobst in Lausanne, Switzerland. It specializes in providing machinery and services to the packaging industry, including equipment for the production of packaging and its derivatives such as labels, bags, and adhesive strips. The company operates globally, with a presence in over 50 countries and 21 production facilities across 12 countries. As of December 31, 2023, BOBST reported a consolidated turnover of CHF 1.960 billion.

Mission and Vision

BOBST's mission is to supply innovative and efficient solutions for the packaging industry, focusing on enhancing quality, performance, and productivity for its customers. The company's vision is to shape the future of the packaging world by actively driving industry transformation through connectivity, digitalization, automation, and sustainability.

Primary Area of Focus

BOBST specializes in substrate processing, printing, and converting equipment and services for the label, flexible packaging, folding carton, and corrugated board industries. Its product portfolio includes machinery for the manufacture of packaging and its derivatives from solid board, corrugated board, or flexible materials such as plastic films.

Industry Significance

As a leading supplier in the packaging machinery sector, BOBST plays a crucial role in advancing packaging technologies and solutions. Its innovations contribute to the efficiency and sustainability of packaging processes worldwide.

Key Strategic Focus

Core Objectives

BOBST aims to lead the packaging industry by providing cutting-edge solutions that enhance operational efficiency, product quality, and sustainability for its customers.

Specific Areas of Specialization

Substrate Processing: Equipment for processing various substrates used in packaging.

Printing and Converting: Machinery for printing and converting flexible materials, folding cartons, and corrugated boards.

Services: Comprehensive support services to ensure optimal performance of packaging equipment.

Key Technologies Utilized

BOBST integrates advanced technologies such as digitalization, automation, and connectivity into its machinery and services. Initiatives like BOBST Connect, a cloud-based platform, exemplify the company's commitment to digitalizing and connecting the entire packaging production chain.

Primary Markets Targeted

The company serves a diverse range of markets, including:

Label Industry: Providing solutions for label printing and converting.

Flexible Packaging: Supplying equipment for flexible packaging materials.

Folding Carton: Offering machinery for folding carton production.

Corrugated Board: Supplying equipment for corrugated board processing.

Financials and Funding

Funding History

BOBST is a privately held company and has not publicly disclosed detailed information about its funding history or recent funding rounds.

Recent Financial Performance

For the year ended December 31, 2023, BOBST reported a consolidated turnover of CHF 1.960 billion.

Intended Utilization of Capital

While specific details on the utilization of capital are not publicly disclosed, BOBST's investments are likely directed towards:

Research and Development: To drive innovation in packaging technologies.

Expansion of Production Facilities: To enhance manufacturing capabilities.

Digitalization Initiatives: To implement advanced digital solutions across operations.

Pipeline Development

Key Pipeline Candidates

BOBST continually develops new machinery and services to meet evolving market demands. Recent initiatives include:

BOBST Connect: A cloud-based platform for digitalizing and connecting the packaging production chain.

TooLink: Automated management of die-cutter tools.

oneINSPECTION: Quality control solutions for the packaging value chain.

Stages of Development

These initiatives are in various stages of development and implementation, with BOBST actively integrating them into its product offerings.

Target Conditions

The developments aim to address challenges in packaging efficiency, quality control, and sustainability.

Anticipated Milestones

BOBST continues to enhance its technological capabilities, with milestones including the integration of digital solutions and expansion of service offerings.

Technological Platform and Innovation

Proprietary Technologies

BOBST Connect: A cloud-based platform for digitalizing and connecting the packaging production chain.

TooLink: Automated management of die-cutter tools.

oneINSPECTION: Quality control solutions for the packaging value chain.

Significant Scientific Methods

BOBST employs advanced scientific methodologies, including:

Digitalization: Implementing digital solutions to enhance operational efficiency.

Automation: Integrating automated systems to improve productivity.

Connectivity: Developing connected solutions for seamless operations.

AI-Driven Capabilities

While specific AI-driven capabilities are not detailed, BOBST's focus on digitalization and automation suggests the incorporation of advanced technologies to optimize packaging processes.

Leadership Team

Key Executives

Jean-Pascal Bobst: Chief Executive Officer (CEO).

Alain Guttmann: Chairman of the Executive Board.

Attilio Tissi: Chief Financial Officer (CFO).

Thierry de Kalbermatten: Vice Chairman of the Executive Board.

Alain Berger: Head of Business Unit Printing & Converting.

Professional Backgrounds

Jean-Pascal Bobst: Great-grandson of the founder, leading the company since 2009.

Alain Guttmann: Chairman since 2009.

Attilio Tissi: CFO since 2011.

Thierry de Kalbermatten: Vice Chairman since 2005.

Alain Berger: Head of Business Unit Printing & Converting since 2022.

Key Contributions

The leadership team has been instrumental in steering BOBST through significant growth and technological advancements, solidifying its position as a leader in the packaging machinery industry.

Competitor Profile

Market Insights and Dynamics

The packaging machinery industry is characterized by rapid technological advancements and a strong emphasis on sustainability. Companies are increasingly focusing on digitalization and automation to meet evolving market demands.

Competitor Analysis

Key competitors of BOBST include:

Heidelberg: A leading provider of printing solutions, offering a range of equipment and services for the printing industry.

Komori Corporation: Specializes in printing presses and related equipment, serving the global printing market.

ABB: A multinational corporation providing automation and power technologies, including solutions for the packaging industry.

Strategic Collaborations and Partnerships

BOBST has engaged in several strategic collaborations to enhance its technological capabilities and market reach:

Acquisition of CITO-SYSTEM GmbH: In June 2023, BOBST acquired a 51% stake in CITO-SYSTEM GmbH, a German company specializing in creasing technology.

Partnership with Packitoo: In 2024, BOBST formed a strategic partnership with Packitoo, a French company specializing in digital solutions for the packaging industry.

Operational Insights

BOBST's extensive global presence and commitment to innovation position it competitively in the packaging machinery market. Its focus on digitalization and sustainability aligns with industry trends, providing a strong foundation for future growth.