The Bosch Group plans to acquire Pharmatec, headquartered in Dresden, Germany, from Fresenius ProServe.
The transaction also includes the acquisition of the Pharmatec subsidiary Schoeller-Bleckmann Medizintechnik, headquartered in Ternitz, Austria.
Pharmatec is a leading company in the construction of systems and lines for the pharmaceutical industry. Its focus is on hygienic and aseptic process technologies, especially for the pharmaceuticals and biotechnology fields.
In fiscal 2006, Pharmatec and its roughly 160 employees generated sales of around 30 million Euros.
'Pharmatec and Schoeller-Bleckmann Medizintechnik complement our existing product portfolio in the area of packaging technology for the pharmaceuticals industry,' said Friedbert Klefenz, president of the Bosch Packaging Technology division.
The purchase price was not disclosed. The transaction is still subject to approval by the antitrust authorities.
In the area of packaging technology, Bosch develops, manufactures, and markets process and packaging machinery and lines for the confectionery, foodstuffs, and pharmaceuticals industries. In 2006, the division generated global sales of some 570 million Euros with a workforce of roughly 3,780.