Manroland Sheetfed GmbH announced it has entered Schutzschirmverfahren, or protective shield insolvency proceedings, as part of a major restructuring effort supported by its parent company, Langley Holdings plc. The process, comparable to Chapter 11 in the United States, allows the company to reorganize under court supervision while existing management retains operational control. The move follows sustained market contraction in the global sheetfed offset sector and significant financial losses.
Despite maintaining a technologically advanced press portfolio, Manroland Sheetfed has faced declining sales in a shrinking market. China, historically accounting for around 40% of new press sales, has seen particularly severe contraction. In its 2025 Annual Report, Langley disclosed losses of €43.2 million at Manroland Sheetfed, although the broader engineering group reported a profit before tax of €152.3 million. Chairman and CEO Anthony Langley stated that the situation at the press builder was unsustainable but emphasized the importance of maintaining support for the installed base of presses relied upon by printing companies worldwide.
External restructuring specialists from SGP Schneider Geiwitz and BUSE have been appointed to support management during the proceedings. Restructuring expert Arndt Geiwitz said the company retains a viable core business but will require drastic and far-reaching measures to restore profitability. CEO Mirko Kern acknowledged that job losses are likely, calling for cooperation from employee representatives to secure a sustainable future for the remaining organization.
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