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rochling

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  2. bosch plans to acquire osgood industries

bosch plans to acquire osgood industries

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By admin on Mon, 02/09/2015 - 13:02

osgood industries, florida, develops, manufactures and distributes fill and seal equipment for preformed containers in liquid food industry&nbspusbased company fosters strategic growth in key market segment and enables additional regional growth in north america and other regions&nbspplanned acquisition is latest of several targeted moves of bosch to strengthen process and packaging technology portfolio&nbspfarmington hills, michigan waiblingen &ndash bosch packaging technology, a leading supplier of process and packaging technology, plans to acquire osgood industries, inc., based in oldsmar, florida. agreements to this effect were signed on february 6, 2015. bosch thereby intends to further strengthen its engagement in the liquid food industry in north america and additional markets. with sales of approximately 26 million usd in 2014, osgood industries employs about 150 associates. the transaction is pending the successful completion of all necessary antitrust approvals. the purchase price was not disclosed.wellknown worldwide in packaging industryosgood industries is wellknown in the packaging industry for its expertise in developing, manufacturing and servicing complete rotary and linear machinery lines. they accurately fill preformed containers with products which require clean or ultraclean hygienic standards. this comprises both standardized and customized applications. the types of foods typically packaged in this classification include ice cream, yogurt, dessert, salad and cheese, among others. the acquisition will involve a comprehensive service portfolio of maintenance, spare parts, customer engineering, rebuilds and retrofits of existing equipment.important step in pa 2020 strategy&ldquowith osgood industries, we are further adding to our strategic activities in the area of liquid food,&rdquo said friedbert klefenz, president of bosch packaging technology. &ldquothis is an important step for us on our journey to fulfilling our pa 2020 strategy, so we are eager to complete this transaction. the 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.&rdquoglobal sales channels help growing in liquid food marketmartin j. mueller, president of osgood industries &ldquofor almost four decades osgood industries has taken pride in developing the highestquality products for our customers. as a familyowned and operated business, we look forward to joining bosch, with its worldwide sales channels and rich heritage. bosch has demonstrated its commitment to growing in this market and we are proud to be part of that growth.&rdquobosch and osgood industries have an already established business relationship. osgood industries is a north american sales agent for bosch packaging technology, representing bosch&rsquos portfolio of thermoforming, fill and sealtechnology. the planned acquisition of osgood industries follows two major strategic acquisitions bosch has recently made&nbspin august 2013, bosch acquired tecsor machines et syst&egravemes s.a.s., based in meyreuil near marseille, which develops and sells machinery for making and filling polyethylene pet containers for liquid and pastelike foodstuffs.in october 2012, bosch acquired ampack in k&oumlnigsbrunn, 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

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