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IPPT announces acquisition of tablet press machines supplier

Romaco Group’s parent company International Process and Packaging Technologies (IPPT) has announced the acquisition of tablet press machines supplier Kilian.

IPPT CEO Paulo Alexandre said Kilian is known in key pharmaceutical and food production markets around the globe.

"Our acquisition of Kilian will enable us to extend the Romaco Group’s portfolio of machinery and services with an important new segment in solid dose applications, giving a crucial boost to our growth strategy," Alexandre added.

IPPT has production sites in Germany, Switzerland and Italy as well as sales & service centers in the US, Spain and Brazil.

Kilian, which will be a sister company of Romaco, has reported sales of about €45m in 2012.