Business to focus on intelligent and sustainable technologies BOSCH PACKAGING TECHNOLOGY BECOMES SYNTEGON

摘要

Syntegon Technology is the new name among the market leaders in the processing and packaging industry.Known as Bosch Packaging Technology until late 2019,the former Bosch division today presents itself as an independent enterprise at the company headquarters in Waiblingen(Germany).Syntegon Technology’s business focus is on intelligent and sustainable technologies for the pharmaceutical and food industries.Extending the service range is a priority for the company that employs 6100 people at more than 30 locations worldwide.It posted 1.3 billion euros in sales in 2019.Bosch disclosed its plans to sell the packaging machinery division to a newly incorporated entity managed by CVC Capital Partners,a leading private equity and investment advisory firm,in July 2019.The sale of Bosch Packaging Technology was completed on.January 2,2020.A new corporate brand was developed over the past few months.The name Syntegon stands for synergy,technology,and focus on the future.The corporate colour green underscores the importance of sustainability and health.The square in the logo symbolises a package as well as packaging technology’s ability to protect products.