Bosch Finalizes Acquisition of Tecsor
OREANDA-NEWS. Bosch Packaging Technology, a leading supplier of process and packaging technology, finalized acquisition of the assets of Tecsor Machines et Systemes S.A.S., based in Meyreuil near Marseille, France. The antitrust authorities have approved the appropriate documents. Agreements to this effect have already been signed in June this year. Tecsor develops and sells machinery for making and filling PET containers for liquid and paste-like foodstuffs, which are used in the food and beverage industry – as milk bottles or yogurt cups, for example. Set up in 2005, the company generated sales of roughly two million euros in 2012. Tecsor employs 14 associates. It has been agreed that the purchase price will not be disclosed.
Addition to filing and packaging portfolio for liquid food
“With Tecsor, we are further adding to our activities in the area of liquid foods,” said Friedbert Klefenz, president of the Bosch Packaging Technology division. In October 2012, the packaging specialist took over Ampack in Konigsbrunn, Germany. Its portfolio includes filling machinery for cups and bottles. This machinery is mainly used to fill and package highly sensitive foodstuffs such as dairy products, baby food, and hospital food. Ampack is the technology leader in the segment of near-sterile and aseptic processing of pre-formed cups and bottles. Following the acquisition of Tecsor, Bosch can round out its existing portfolio of products in this area to include its own production of cups and bottles. “The new machinery we offer will save our customers materials, energy, and costs. For its part, Bosch Packaging Technology will improve its chances in the market,” Klefenz said.
Executive management maintains with company founders
Tecsor’s business activities have been assigned to Bosch Packaging Technology’s Liquid Food business unit with immediate effect. Founded in 2005, the company will remain an independent unit and will be operated as a Bosch subsidiary. Its products will in future be marketed under the name of Bosch.
Executive management stays with the two company founders, Olivier Bedin, general manager, and Jean Tristan Outreman, technical director.
“It is my pleasure to warmly welcome associates in Meyreuil, and I am certain that with their expertise we will unify the competencies of both companies to take another great step towards achieving further growth," said Jurgen Katzenbach, business unit vice-president for Liquid Food at Bosch Packaging Technology.
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