CVC Capital Partners to buy New Richmond's Bosch packaging
8 Oct 2019
St. Croix
“Bosch Packaging Technology is a strong company in an attractive market with long-term growth prospects. Packaging Technology has an excellent reputation for quality and innovation, a broad product range, a global footprint, and experienced associates,” said Alexander Dibelius,managing partner of CVC. “Together with the management team, we will work to take the business forward in the years ahead, and to make it even more competitive.”
NEW RICHMOND -- The local Bosch packaging machinery business will have a new name and new owners come 2020. The local plant will be part of a newly incorporated entity managed by CVC Capital Partners. Bosch and its Pharma and Food units will remain intact, according to a news release.
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