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  2. bosch packaging technology to buy osgood industries in us pkbr staff writer

bosch packaging technology to buy osgood industries in us pkbr staff writer

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By admin on Mon, 02/09/2015 - 16:52

bosch packaging technology is planning to reinforce its presence in the liquid food industry with the acquisition of osgood industries.oldsmar, floridaheadquartered osgood industries produces fill and seal equipment, including rotary and linear machinery lines for preformed containers in liquid food industry.the company generated revenues of 26m in 2014 and has a workforce of 150.bosch packaging technology president friedbert klefenz said &quotwith osgood industries, we are further adding to our strategic activities in the area of liquid food.&quotthis is an important step for us on our journey to fulfilling our pa 2020 strategy, so we are eager to complete this transaction.&quotthe experience of the osgood team, their dedication to customer satisfaction and their expertise in this growing segment make this a muchvalued addition to the bosch team.&quotthe transaction is subject to the receipt of regulatory approvals.osgood is already a sales agent for bosch packaging technology in north america managing the latter&39s portfolio of thermoforming, fill and sealtechnology.agreement with osgood comes after bosch completed two major acquisitions. in 2013, the company acquired marseillebased tecsor machines et syst&egravemes, which provides machinery for producing and filling polyethylene containers for liquid and pastelike foodstuffs.in 2012, bosch purchased german firm ampack, which offers filling machinery for cups and bottles such as dairy products, baby food, and hospital food.&nbsp

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