News

  04/11/2015 | Packaging

Bosch plans acquisition of Kliklok-Woodman

Bosch Packaging Technology is planning to acquire Kliklok-Woodman Corporation, based in Decatur, Georgia, U.S.A. Agreements to this effect were signed on September 21, 2015. Kliklok-Woodman is a manufacturer of packaging machinery for the food industry. The company employs some 240 associates and supplies customers worldwide from its U.S.-headquarters and a second manufacturing facility, Kliklok International Ltd. located in Bristol, United Kingdom. In 2014, it generated sales revenue of approximately USD 65 m (€ 49 m). It has been agreed that the purchase price will not be disclosed. The acquisition is subject to the approval of antitrust authorities. “This planned acquisition will further extend Bosch Packaging Technology’s position in the food and confectionery industry. Above all, it will enhance our system capabilities as single-source supplier,” says Friedbert Klefenz, president of the Bosch Packaging Technology division. In particular, Kliklok-Woodman’s range of secondary packaging machin-ery will complement Bosch Packaging Technology’s portfolio for the food and confectionery industry.

www.boschpackaging.com