Bosch Packaging Technology rebrands as Syntegon Technology

GERMANY – Bosch Packaging Technologies, the former packaging machinery business of Bosch, has rebranded as Syntegon Technology, following its recent acquisition by Luxembourg- based CVC Capital Partners. Bosch agreed to sell the business to CVC Partners in July last year in transaction that included its 6,100 associates in 15 countries. By then, Bosch said that the divestment would allow it to consolidate its resources as it focuses on mobility and connectivity over the internet of things. The deal closed on 2 January and Bosch Packaging will now operate as an…

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Bosch to sell Packaging Technology business to CVC Capital

GERMANY – Robert Bosch GmbH, the multinational engineering and technology company plans to sell its Waiblingen-based packaging machinery business to a newly incorporated entity managed by CVC Capital Partners (CVC). Bosch and CVC have signed an agreement to transfer its entire packaging technology business including its 6,100 associates in 15 countries to be managed by CVC. The transaction whose financial details were not disclosed is expected to close by the end of the year. The transfer does not however include the company and its Pharma and Food units which remain…

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Bosch Appliances to open next regional outlet in Ethiopia after Kenya

ETHIOPIA – German engineering and electronics maker, Bosch Appliances, will open its next regional outlet in Ethiopia this year as it eyes further expansion across Africa. According to the Business Daily, the multinational engineering and electronics maker said it will then open similar stores in Uganda, Tanzania, Mozambique, Senegal, Zimbabwe, Namibia, Ivory Coast and Nigeria by the end of next year. Bosch Vice President Sales and Marketing for sub-Saharan Africa, Allan Oyier, said talks are already at advanced stage with the Ethiopian government but did not give an exact timeline.…

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Bosch plans to sell its packaging business to focus on further growth on resources

GERMANY – Bosch, a German multinational engineering and electronics company, has made plans to sell its packaging machinery business (PA), especially the pharmaceuticals and food units of the Packaging Technology division to expand growth. According to the company, the decision was made to ensure it focuses on its resources, remaining as a stable partner for its customers. With the Bosch Group needing to focus on the transformation ahead, it has not identified any sufficiently relevant synergy effects in terms of business or technology that might offer the division prospects for…

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Bosch Packaging receives Green Star Packaging Award

AUSTRIA – Bosch Packaging Technology has been awarded with the Green Star Packaging Award 2017, for the first vertical form, fill and seal machine (VFFS) for producing dust-tight sealed paper packaging. The jury noted that the fully recyclable paper packaging conserves resources and reduces wastes, which supports the basic idea of the Green Star Packaging Award. According to Bosch, the sealed paper packaging is a combination of mono-material Axello paper from BillerudKorsnäs and the ZAP-Module from Bosch Packaging Technology. Together these enable the production of 100% dust-tight yet fully recyclable…

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