Bosch taking over SIG Pack, expanding packaging range.Robert Bosch Robert Bosch (September 23, 1861 - March 12, 1942) was a German industrialist, founder of Robert Bosch GmbH. Biography Bosch was born in Albeck, a village to the northeast of Ulm in southern Germany. He was the eleventh of twelve children. Verpakkingsmachines B.V., Weert This is about the city in the Netherlands. For other uses, see Weert (disambiguation). Weert ( (helpinfo)) is a municipality and a city in the southeastern Netherlands with 48,558 inhabitants. , the Netherlands, is taking over SIG Pack packaging equipment operations from SIG Holding AG, headquartered in Neuhausen, Switzerland. Bosch and SIG signed off on the deal some time ago, but the acquisition is subject to approval by the anti-trust authorities. SIG Pack is a manufacturer of packaging machines and systems, especially horizontal bag forming, filling and sealing as well as flat bag equipment, wrapping machines and robot technology for the food and confectionery confectionery, delicacies or sweetmeats that have sugar as a principal ingredient, combined with coloring matter and flavoring and often with fruit or nuts. In the United States it is usually called candy, in Great Britain, sweets or boiled sweets. industries. The Swiss company has a workforce of some 1,540 and generates sales of about 230 million euros annually. Through the acquisition, Bosch says, it will enhance the position of its Division of Packaging Technology among the packaging machine manufacturers in a strongly fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. market. The business unit will thus also show its capabilities in complete packaging lines and take another step to becoming a supplier of comprehensive solutions. There is only a slight overlap o·ver·lap n. 1. A part or portion of a structure that extends or projects over another. 2. The suturing of one layer of tissue above or under another layer to provide additional strength, often used in dental surgery. v. in product ranges between Bosch and SIG Pack. Bosch Packaging Technology designs, produces raid sells packaging machines and lines for the food and other industries. The division, with a global workforce of 2,750, achieved a 2003 turnover of some 360 million euros. |
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