Oystar Continues Strategic Shift

Business Name: 
Oyster The Process Packaging Group

Bdquofor Oystar As An International Group It Was Questionable Whether Running Our Own Production Site For Pharmaceutical Packaging Solutions In Brazil Would Be An Asset In The Long Runldquo Said Tom Graf Ceo Of Oystar Group Ldquowhen The Chance For An Excellent Deal Opened Up The Sale Was An Easy Decisionrdquo Oystar Will Concentrate Its Bagging Machine Manufacturing In North America And India Ldquothe Oystar Group Remains Committed To The Pharmaceutical Industry And The Brazilian Marketrdquo Underlined Graf Ldquobut Our Emphasis Will Be On Markets With Strong Growth Potential For Our Primary And Secondary Packaging Solutionsrdquonbspthe New Owner Is Brazilian Packaging Machine Manufacturer Masipack Who Is Strengthening Its Domestic Market Position With The Purchase Bdquowith Masipack We Have Found An Ideal Buyerrdquo Said Graf Ldquothe Company Is Experienced And Committed To The Industry And Has A Particularly Good Track Record With Bagging Machinesrdquo Masipack Acquires All Fabrima Assets As Well As Taking Over All Of The 170 Employeesnbsphaving More Than Tripled Its Operating Results In 2010 In Comparison With The Preceeding Year Oystar Is Looking To Maintain Its Momentum In 2011 Current Order Intakes As Well As The Favourable Economic Climate Indicate That This Positive Trend Will Continue Nbspnbspabout Oystar Groupnbspoystar Ndash The Process Amp Packaging Group Is One Of The Worldrsquos Leading Suppliers Of Packaging Machinery Technology And Services Oystar Has Extensive Process Knowhow In The Key Industries Of Dairy Products Food And Consumer As Well As Pharmaceuticals And Cosmetics Based In Stutensee Near Karlsruhe Germany The Holding Company Currently Represents 13 Manufacturing Companies As Well As Numerous Sales And Service Companies At Present Oystar Holding Employs A Workforce Of Approximately 2100 Worldwide And Generated A Total Of Eurnbsp420nbspmillion In Sales In 2010nbspnbsppress Contact Sebastian Glasermoumlller Prtelefonnbspnbsp49 0221 80 10 8780email Sgmoellerprdenbspnbsp Wwwmoellerprdenbsp

Contact Person: 
Sebastian Glaser
Phone: 
49 221 80 10 8780
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