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 today presented itself as an independent enterprise at the company headquarters in Waiblingen/Germany. The company’s business focus is on intelligent and sustainable technologies for the pharmaceutical and food industries, each of which accounts for around half of the business. “Extending our service range will be a priority for the future,” emphasized Dr Stefan König, CEO.
Syntegon Technology employs 6,100 people at more than 30 locations worldwide. In 2019, the company posted EUR 1.3 bn in sales, which were slightly increasing. Bosch disclosed its plans to sell the packaging machinery division to a newly incorporated entity managed by CVC Capital Partners, a leading private equity and investment advisory firm, in July 2019. The transaction was completed according to plan, with the company gaining full independence on 2 January 2020. “The new owner aims to vigorously develop the company as a whole and expand intra-group synergies,” said Dr Stefan König.
The name Syntegon shall stand for synergy, technology, and focus on the future. The new corporate colour 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.