Bosch has decided to look for a buyer for its packaging machinery business (PA), more specifically the pharmaceuticals and food units of the Packaging Technology division.
The company said that it had not identified any sufficiently relevant synergy effects in terms of business or technology that might offer the division prospects for the future within Bosch and that packaging technology was not part of the group’s core business.
PA is involved in project business relating to specialised areas of the packaging industry. The company also operates in a competitive environment in which the players are small and medium-sized enterprises (SMEs), and who are therefore at a structural advantage.
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