Bosch Packaging Technology has closed its acquisition of Ampack Ammann, a filling and packaging machine specialist. The antitrust authorities have approved the appropriate documents.
The contract governing the purchase by Bosch of the company based in Königsbrunn near Augsburg, Germany, had been signed in July of this year. Ampack Ammann develops, manufactures, and sells filing and packaging machines for paste-like and liquid food. Employing some 250 associates, the company has generated average sales of some 35 million euros over the past few years. It has been agreed that the purchase price will not be disclosed.
Pushing ahead with diversification
“In acquiring Ampack Ammann, we are pushing strongly ahead with our strategy of diversification,” said Friedbert Klefenz, president of the Bosch Packaging Technology division. “We are acquiring an attractive product portfolio that our worldwide sales and service network will allow us to offer to existing and prospective customers around the world.”
Ampack Ammann’s business activities have been assigned to Bosch Packaging Technology’s Liquid Food business unit with immediate effect. Founded in 1973, the company will remain an independent unit and will be operated as a Bosch subsidiary. Its products will in future continue to be marketed under the Ampack Ammann name.
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