Theegarten acquires Makrev shares

November 4, 2022

Theegarten-Pactec has acquired shares in the Turkish mechanical engineering company Makrev Packaging, as of 1 September, 2022. With the acquisition the company hopes to respond even better to companies who require packaging solutions in the medium performance range.

Makrev was founded in 1988 and has been manufacturing chocolate and jelly packaging machines as well as complete automation and feeding systems. The company’s machines achieve a packaging output of up to 900 pieces per minute for jelly products and hard candy and 400 pieces per minute for chocolate products.

Through the acquisition, Theegarten-Pactec aims to complement its product portfolio and become more attractive to customers in the mid-performance and price segments below the high-performance machines built in Dresden.

“This step is exactly the right one for our long-term success,” said Markus Rustler, CEO of Theegarten-Pactec. “Makrev machines are solidly constructed and produced to the highest quality. They have an impeccable reputation in the industry.”

Makrev is expected to benefit from Theegarten-Pactec’s worldwide sales and service network as a result of the cooperation. So far, Makrev has been active in the Middle East, North Africa, the CIS and INdia.

In addition to sales cooperation, Mr Rustler will take on tasks in Makrev’s management. As a member of the board, he will take an active role in the development of the company in the future. Despite this cooperation, both companies will continue to operate independently on the market and serve different market segments.

“Through this cooperation, we are on the one hand strengthening the Dresden location as a place of know-how for the construction of high-performance machines. On the other hand, with Makrev’s market access, we will also be able to offer new customers competitive solutions from the medium performance range that meet our quality standards in the future,” Mr Rustler concluded.

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