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8 MACHINERY UPDATE SEPTEMBER/OCTOBER 2018 www.machineryupdate.co.uk<br />
News<br />
Packaging technology giant is<br />
now looking for a new owner<br />
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Bosch has decided to<br />
look for a buyer for its<br />
packaging machinery<br />
business, more specifically<br />
the pharmaceuticals and<br />
food units of the Packaging<br />
Technology division.<br />
Bosch now says that<br />
packaging technology is<br />
not part of the group’s core<br />
business, especially as<br />
the company operates in a<br />
competitive environment in<br />
which the players are SMEs<br />
and therefore are at a structural<br />
advantage. It is certain that<br />
its packaging technology<br />
operations need to be put on a<br />
different footing that will allow<br />
them to react more flexibly to<br />
the specific requirements of the<br />
packaging machinery market.<br />
The company’s specialpurpose<br />
machinery<br />
manufacturer Robert Bosch<br />
Manufacturing Solutions GmbH<br />
is a separate entity, and will<br />
remain part of the Bosch Group.<br />
A NARROWING OF FOCUS<br />
“This decision will allow Bosch<br />
to narrow its focus on issues<br />
of importance for its future,<br />
such as the transformation<br />
of the Bosch Group and its<br />
future digitalisation strategy,<br />
including the internet<br />
of things, and to pool its<br />
resources accordingly,”<br />
says Dr Stefan Hartung, the<br />
Bosch board of management<br />
member responsible for<br />
the Energy and Building<br />
Technology and Industrial<br />
Technology business sectors.<br />
“Both the packaging<br />
machinery business and<br />
Bosch will benefit from this<br />
decision,” he continues.<br />
The packaging group<br />
currently employs some<br />
6,100 associates in its global<br />
packaging technology<br />
operations and Bosch’s aim<br />
is for all its associates and<br />
locations to be retained by the<br />
eventual buyer.