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Goss International aquires Goss Graphic System assets

Feb 18, 2002 12:00 AM

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Goss International Corp. (Westmont, IL) announced it has acquired the assets of Goss Graphic Systems, Inc., together with the shareholdings in its international operations.

CSFB Global Opportunities Partners, L.P., the majority shareholder of Goss International, is associated with Credit Suisse First Boston. Additional investors include JPMorgan Chase Bank, LBI Group, Inc., an affiliate of Lehman Commercial Paper, Inc., and DK Acquisition Partners, L.P.

Goss International will sell a full range of single and double width press systems to newspaper and commercial printers throughout the world.

In addition, Goss International will provide complete installation services, parts and aftermarket support.

Goss’ European and Asian operations will continue to play a major role in the new company’s global activities as the principal source of the company’s newspaper press systems.