Who owns Bosch packaging?
CVC Capital Partners
On January 1st, 2020, the SYNTEGON Group has been sold from Bosch to CVC Capital Partners (CVC). Based in Luxemburg, CVC is a leading internationally operating financial investor with 24 branches in Europe, Asia, and the United States. Bosch Packaging Technology was subsequently re-branded to Syntegon.
When did Bosch become Syntegon?
Jan. 2, 2020
Bosch Packaging Technology Becomes Syntegon Technology After Successful Transaction. The renaming comes after the sale of Bosch Packaging Technology to CVC Capital Partners was completed on Jan. 2, 2020.
Is Syntegon owned by Bosch?
The spinout of Bosch Packaging Technology from its Bosch parent—announced in 2018—is now complete. The new company is Syntegon Technologies, owned by a private equity firm, CVC Capital Partners, and enters the world with 6,100 employees in 15 countries, and €1.3 billion in 2019 sales.
Who bought out Bosch?
German engineering group Robert Bosch GmbH is in advanced talks to sell its packaging-technology division to global buyout firm CVC Capital Partners in a deal that could value the business at up to €850 million ($959.3 million), including debt, according to people familiar with the matter.
Where is Syntegon located?
Raleigh, North Carolina is home to the North American headquarters for Syntegon Services. We are responsible for the after sales service requirements of customers with Syntegon equipment in our region. Originally, the Raleigh location was the North American home of Sigpack Systems.
Where are Bosch appliances manufactured?
For the U.S. market, Bosch predominantly manufactures its appliances in North Carolina.
What does Bosch manufacture?
They manufacture and trade products as diverse as diesel and gasoline fuel injection systems, automotive aftermarket products, auto electricals, special purpose machines, packaging machines, electric power tools and security systems.
Who makes Bosch products?
Robert Bosch GmbH
The parent company of Bosch, Thermador, and Gaggenau home appliances is now entirely owned by Robert Bosch GmbH. Robert Bosch GmbH has agreed to acquire 100 percent ownership in Bosch’s home appliance business, formerly part of a joint venture with Siemens.
What is the relationship between Robert Bosch and the Bosch Group?
Bosch’s in-house provider of assembly systems, Robert Bosch Manufacturing Solutions GmbH, Stuttgart, remains part of the Bosch Group; up to now, it has been part of the Packaging Technology division.
What is the packaging technology division of Bosch?
The second division, Packaging Technology, provides process and packaging for the pharmaceuticals and foodstuffs industries. Its range includes stand-alone machines, systems, and an extensive service portfolio. In 2018, Bosch decided to look for a new owner for this business.
Is Bosch a German company?
Robert Bosch GmbH ( / bɒʃ /; German: [bɔʃ] ( listen) ), commonly known as Bosch, is a German multinational engineering and technology company headquartered in Gerlingen. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 92% owned by Robert Bosch Stiftung, a charitable institution.
Who is the owner of Bosch Healthcare Solutions?
Bosch Healthcare Solutions GmbH is a wholly owned subsidiary of Robert Bosch GmbH. The subsidiary was established in 2015 with the aim of developing products and services that improve people’s health and quality of life. The business offers customers connected products and services in the area of healthcare and medical technology.