Bosch Packaging Technology and Klenzaids plan joint venture
Bosch and Klenzaids plan joint venture in India
Expansion of activities within pharmaceutical sector
? Joint venture expected to employ some 380 associates
? Product portfolios are an ideal complement to each other
? Strengthening of global market presence, especially in liquid pharmaceuticals
Processing and packaging specialist Bosch Packaging Technology and Klenzaids Contamination Controls Pvt. Ltd. are planning a joint venture in India. Both companies signed agreements to this effect on November 28, 2014. The plan is for Bosch to acquire a 49 percent share in Klenzaids, an owner-managed company that produces processing, packaging, and clean-room technology for the global pharmaceutical industry. By setting up the joint venture, the two partners aim to extend their global reach, particularly in liquid pharmaceuticals and packaging machines for clean-room environments.
Better products and services for customers in India
The joint venture is being set up primarily to benefit Indian customers. Klenzaids will contribute its expertise in clean-room and processing technologies as well as peripheral systems, and Bosch will contribute its strength in innovative filling technologies. Klenzaids provides customers in the private and public sectors not just with plants, systems, and accessories but also with turnkey solutions: buildings and equipment that a customer can use as soon as they are built or assembled to process and package its particular product. These solutions include laboratories with the highest protection class for use in the field of biosafety.
Press contact India: Dhiraj Singh +91 80 6752-6168
Press contact Germany:Dirk Haushalter phone: phone: +49 711 811-58503