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Bosch Sells Packaging Technology Biz to CVC Capital Partners

All 6,100 associates in 15 countries will remain with the business

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By: Kristin Brooks

Managing Editor, Contract Pharma

Bosch has sigend an agreement to sell its packaging machinery business, based in Waiblingen, to a newly incorporated entity managed by CVC Capital Partners. The company and its Pharma and Food units will remain intact. Based in Luxemburg, CVC is a private equity and investment advisory firm with 24 offices in Europe, Asia, and the U.S., and it manages more than $75 billion of assets. 
   The agreement includes the transfer of the entire packaging technology business and its 6,100 associates in...

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