Bosch to take over pharmaceuticals specialists H?ttlin and Manesty

Bosch has signed agreements to acquire Hüttlin GmbH and Manesty Ltd., subsidiaries of OYSTAR Holding GmbH.

The 2 companies develop, manufacture, and sell process equipment for the pharmaceuticals industry. Hüttlin, based in Schopfheim, Germany, produces specialist drying and granulation equipment, from powder to the production of pharmaceuticals. Manesty, based in Knowsley, near Liverpool in the United Kingdom, specializes in tablet presses and coaters. It has been agreed that the purchase price will not be disclosed. The transaction is subject to approval by the antitrust authorities.

“The two companies are important stepping stones in the expansion of pharmaceuticals process technology at Bosch,” said Friedbert Klefenz, president of the Bosch Packaging Technology division. “They support the strategic alignment of the division by complementing the upstream value-added chain. This is a further step toward expanding the division to become a full-service provider. This move complements our primary packaging portfolio.”
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