Multivac’s Joachim Boekstegers to step down, new co-CEOs to take over

GERMANY – Packaging solutions provider, Multivac Group has announced that company CEO Hans-Joachim Boekstegers will be stepping down from the company effective 1 January 2020. He will be replaced by his director colleagues, Christian Traumann and Guido Spix who will jointly manage the company. Hans-Joachim joined the company as CEO in 2001 and has seen it grow and develop into a multinational packaging and equipment services provider. He was in particular responsible for the systematic expansion of the product portfolio and MULTIVAC’s sales and service network. During his tenure, the…

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Multivac acquires bakery equipment manufacturer Fritsch Group

GERMANY – Food processing and packaging solutions provider, Multivac has acquired Fritsch Group, a German based manufacturer of bakery equipment and machines. The deal expands Multivac’s range of solutions in the bakery industry including high-performance equipment and ground-breaking technology for dough forming and processing. The acquisition complements Multivac’s wide portfolio of packaging solutions including packaging solutions for food, life science & healthcare products. With the takeover of Fritsch Group, it is positioned to offer complete production lines from one source to the bakery industry as well. “The takeover of Fritsch…

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Multivac invests US$19.6m in German meat portioning facility

GERMANY – Multivac Group, leading food packaging solutions provider is investing US$19.6 million (17.5m euros) to build a new meat portioning equipment facility at the Bruckmühl, Germany factory. The Germany factory is owned by its TVI Entwicklung und Produktion unit and construction is expected to complete in May 2020. The state-of-the-art complex sits on around 9,000 square metres of available space and will include an office building and Customer Center. It will also feature a production hall for pre-fabrication and assembly areas for the production of equipment, as well as…

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Multivac opens the first production facility in Eastern Europe

GERMANY – Multivac, one of the leading providers worldwide of packaging solutions has inaugurated a new production plant in Bulgaria, the first in the Eastern Europe. According to the company, the facility includes a state-of-the-art warehouse and logistics centre, a training centre and an administration building. In addition to the Bulgarian sales and service company headed by Trifon Filipov, an international Shared Service Centre for IT, Strategic Purchasing, Design and Service will also be housed in the new building. The new manufacturing plant of MULTIVAC Bulgaria Production Ltd is located…

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