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All 6,100 associates in 15 countries will remain with the business.
July 22, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Bosch plans to sell its packaging machinery business, based in Waiblingen, to a newly incorporated entity managed by CVC Capital Partners (CVC). The company and its Pharma and Food units will remain intact. Based in Luxemburg, CVC is a leading private equity and investment advisory firm with 24 offices in Europe, Asia, and the US. It currently manages more than US$75 billion of assets. “For Packaging Technology and all its associates, our aim was to find a reliable new owner with a long-term...
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