Syntegon Technology Services Press Release — Syntegon Technology

Press Release — Syntegon Technology

February 11, 2020

WE ARE SYNTEGON

Formerly Bosch Packaging Technology – Today: Syntegon. We are your go-to global partner for processing and packaging technology in the pharmaceutical and food industries. And in the future, you can continue to count on us. Headquartered in Waiblingen (Germany), with 64,000 installed machines, 150 years of experience, more than 6,100 employees at 30 locations in over 15 countries, let our numbers speak for themselves. We develop innovative processing and packaging technology. Our 150 years’ experience, passion, and future-orientation equals the premium quality and reliability you have come to expect from Bosch Packaging Technology.

Transaction wrapped up on schedule as business development remains stable

The sale of Bosch Packaging Technology was completed on January 2, 2020, as envisioned. Bosch had announced in June 2018 that it intended to sell its packaging division, finding a buyer a year later in CVC Capital Partners (CVC). Bosch Packaging Technology then expanded its headquarters in Waiblingen, Germany, augmenting it with new departments required for the switch. Business developments remained stable in the interim, bucking the trend in the sluggish machine engineering sector. Sales in 2019 came to 1.3 billion euros, matching the previous year’s figure.

Into the future with a new brand

“Processing and packaging technology for a better life!” This is Syntegon’s mission statement. The company is determined to improve the lives of consumers and patients with intelligent and sustainable processing and packaging solutions. A new corporate brand was developed over the past few months. The name Syntegon stands for synergy, technology, and focus on the future. The new corporate color green underscores the importance of sustainability and health. The square in the newly designed logo symbolizes a package as well as packaging technology’s ability to protect products.

Greater flexibility and focus on caring partnerships

This newly gained independence enables Syntegon Technology to be even more flexible. And newly added departments at the headquarters such as Purchasing and IT shorten the distances between in-house units and facilitating interaction with customers and suppliers. Whereas the company had been part of a large corporation with diverse divisions, it can now create a business framework that is an even better fit for the industry. This new setup will enable the company to enhance its profile as a leading processing and packaging company.

Intelligent and sustainable technologies

Syntegon Technology has intensified its efforts to develop intelligent and sustainable technologies. Drawing on a deep well of experience in developing and integrating software solutions, the company uses connected components as well as components enhanced with artificial intelligence to this end. It puts a premium on ensuring sophisticated technologies are simple to use. The greater goal is to collect and evaluate data to avoid machine downtime, maximize product quality, and optimize overall plant efficiency.

The numbers speak for themselves

A campaign to train the spotlight on Syntegon Technology’s new brand is underway. The company is letting the numbers tell the story. Featuring prominently on the website at www.syntegon.com/numbers, these persuasive figures show what Syntegon is all about. The next highlight on the agenda is the Düsseldorf interpack trade fair, where the company will present its fresh, new brand identity to customers in May 2020.