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 now presents itself as an independent enterprise at the company headquarters in Waiblingen, Germany.
Syntegon
Bosch Packaging Technology renamed Syntegon
Syntegon’s business focus is on intelligent and sustainable technologies for the pharmaceutical and food industries, and extending the service range is a priority.
Bosch disclosed plans to sell the packaging machinery division, with the transaction completed and the company gaining full independence at the turn of the year.
Transaction wrapped up
New owner CVC Capital Partners aims to develop the company and expand intra-group synergies. Commenting on the closing of the sale, Marc Strobel, a partner at CVC, said: “CVC is delighted to see the transaction completed on schedule. Syntegon Technology has a strong presence in many market segments, great technological knowhow, and innovative power. We want to build on these strengths jointly with management and the entire workforce.”
The name Syntegon stands for synergy, technology, and focus on the future. The new corporate colour underscores the importance of sustainability and health. The square in the newly designed logo symbolises a package as well as packaging technology’s ability to protect products.
Chairman of the Executive Board Dr Stefan König said: “Now more than ever before we are working on intelligent and sustainable technologies and embracing the collaboration with our business partners in the true spirit of partnership.”
Intelligent and sustainable
Syntegon is pursuing two approaches to produce sustainable packaging – mono materials rather than conventional multilayer films, and paper packaging as an alternative to plastic. Syntegon Technology supports its customers on the path to a sustainable future with material testing, machine applications, and innovative packaging.
