CVC Acquires Bosch Packaging Technology Business

July 15, 2019

Willkie advised CVC on the acquisition of Bosch's packaging technology business, one of the leading suppliers of process and packaging technology, headquartered in Waiblingen near Stuttgart, Germany.

On July 11, CVC and Bosch agreed to the transfer of Bosch’s entire packaging technology business unit and its 6,100 employees in 15 countries to an entity managed by CVC Capital Partners. Completion of the transaction is subject to the approval by various bodies, including antitrust authorities, and is expected to take place toward around the end of the year.

Based in Luxembourg, CVC is a leading private equity and investment advisory firm with 24 offices in Europe, Asia, and the United States. It currently manages more than $75 billion of assets.

The Bosch Packaging Technology division is one of the leading suppliers of process and packaging technology. At over 30 locations in more than 15 countries worldwide, a highly-qualified workforce develops and produces complete solutions for the pharmaceuticals, food, and confectionery industries. These solutions are complemented by a comprehensive after-sales service portfolio. 

The Willkie team was led by partner Georg Linde and included national partner Dr. Bettina Bokeloh, UK partner Sebastian FitzGerald, special European counsel Daniel Zakrzewski and associates Dr. Matthias Schudlo and Alexander Schultheis.