GERMANY— Manroland's parent company Langley Holdings is looking for  acquisition to make more effective use of Manroland Sheetfed’s sales and manufacturing facilities after a fall in sales at the company. Manroland Sheetfed had recorded a record level of order for  presses in the first quarter  of 2018, orders dropped  as the year went on. The slowdown in China that had the biggest impact. Langley Holdings has a cash war chest , zero debt and access to further funding for acquisitions if needed. Manroland parent Langley Holdings  has  revealed that they had spent the first half of 2018 pursuing an acquisition that did not materialize.