Bertelsmann exits gravure with final Prinovis plant closure (

Prinovis management informed the 545-strong workforce at Prinovis Ahrensburg, near Hamburg, last Thursday that it would cease operations at the site by 31 January 2024.

Ulrich Cordes, managing director of Prinovis and CFO of Bertelsmann Printing Group, described the decision to close the loss-making site as a difficult but unavoidable due to market conditions.

The company blamed the structural decline in the European gravure printing market over the past decade driven by falling demand for high-volume magazines and catalogues.
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