The private equity investor DUBAG Group has completed the acquisition of Ampack GmbH and Osgood Industries, LLC from the Syntegon Group. Ampack, based in Koenigsbrunn, Germany, and Osgood, based in Oldsmar, USA, are leading providers of technology for filling liquid and viscous food products into preformed cups and bottles. Moving forward, both companies will operate under the umbrella brand Ceratech Group to maintain close international cooperation. The acquisition was facilitated by the LEO III fund, which is exclusively advised and represented by DUBAG. Financial details of the transaction remain undisclosed.
Long-term Investment Plans
DUBAG, known for specialising in company carve-outs with significant growth potential, has identified strong future prospects for the newly acquired businesses. Dr. Michael Schumann, founder and CEO of DUBAG, stated, “Ampack and Osgood have an excellent reputation in the food industry and are known for delivering high quality and a broad machine portfolio. Both companies have technological expertise, many years of R&D experience, and a global customer base – promising preconditions for successful economic growth in an attractive market environment.”
Commitment to Employees and Customers
DUBAG underscores the importance of retaining the technological expertise of its workforce and is keeping the approximately 300 employees of Ampack and Osgood. Leon van de Wiel, former Managing Director and Vice President Food Liquid at Syntegon and now Chairman of Osgood and Ampack, elaborated, “We are not only fulfilling our responsibility towards our employees, but also enabling a smooth transition phase for our customers – as well as setting the course for successful collaboration in the future.”
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