Bosch Packaging On Sale
Bosch plans to sell its packaging machinery business based in waiblingen to a newly incorporated entity managed by cvc capital partners cvc. Cvc fund vii and bosch reach an agreement.
Strong Growth Bosch Packaging Technology Especially In Asia
Stuttgart germany luxemburg bosch plans to sell its packaging machinery business based in waiblingen to a newly incorporated entity managed by cvc capital partners cvc.
Bosch packaging on sale. The company and its pharma and food units will remain intact. Receive a 12 mail in rebate of the purchase price when you purchase at least 3 qualifying 800 series or above bosch kitchen appliances. Bosch packaging technology is a strong company in an attractive market with long term growth prospects.
Based in waiblingen near stuttgart germany and employing 6100 associates syntegon formerly bosch packaging technology is one of the leading suppliers of process and packaging technology. Bosch packaging technology is a leading global provider of processing and packaging equipment for the food pharmaceutical and confectionery industries. Receive a 15 mail in rebate of the purchase price when you purchase 3 or more qualifying bosch benchmark series kitchen appliances.
Hartung said in a conference call with reporters that bosch intends to sell the packaging technology business as a whole to a single buyer and anticipates the sale process to take just over a year. Cvc capital partners selected for its growth strategy and broad industrial expertise. Receive a 10 mail in rebate of the purchase price when you purchase any 3 or more qualifying 100 300 500 or 800 series.
Car parts maker bosch is in advanced talks to sell its packaging machinery business to buyout firm cvc in a deal valuing the company at up to 850 million euros 959 million a person close to. The decision comes at a time when bosch group wants to transform its organization moving further into digitalization and the internet of things iot. Bosch has announced it will sell its packaging machinery business pa more specifically the pharmaceuticals and food units of its packaging technology division to focus on its core business.
The company is widely recognized for its focus on extensive rd to provide the best packaging machinery for its markets. Sale of bosch packaging technology. Sale of bosch packaging technology.
Cvc capital partners and bosch reach an agreement bosch plans to sell its packaging machinery business based in waiblingen to a newly incorporated entity managed by cvc capital partners cvc. Packaging technology has an excellent reputation for quality and innovation a broad product range a global footprint and experienced associates. Based in luxemburg cvc is a leading private equity and investment advisory firm with 24 offices in europe asia and the united states.
The company and its pharma and food units will remain intact. The company and its. Bosch packaging equipment offers high quality reliability and.
Alexander dibelius managing partner of cvc said.
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