Sigpack and Paal will become Bosch Packaging Systems
Bosch Packaging Technology, a leading supplier of holistic packaging and process technology, is changing the company names of its subsidiaries Sigpack Systems AG and Paal Verpackungsmaschinen GmbH, effective February 1. Sigpack Systems AG, based in Beringen, Switzerland, will become Bosch Packaging Systems AG. Paal Verpackungsmaschinen GmbH in Remshalden, Germany will become Bosch Packaging Systems GmbH, reports www.megafishnet.com with reference to Bosch Media Service.
The renaming highlights Bosch's strategic approach to provide an even wider variety of solutions from one source. With technologies from feeding and distribution to wrapping, cartoning, handling and case packing, Bosch Packaging Systems offers a comprehensive portfolio for primary and secondary packaging.
"As Bosch Packaging Systems, both companies benefit even more from the globally renowned reputation of the Bosch brand," explains Friedbert Klefenz, President of Bosch Packaging Technology. "The product brands Sigpack and Elematic will continue to exist under the strong Bosch umbrella. This unified market presence strengthens our position as a leading supplier of innovative, customized solutions."
Bosch Packaging Technology, based in Waiblingen (Germany), is one of the leading suppliers of total solutions for packaging and process technology. The company develops and produces in 16 countries and distributes worldwide modules and systems for the pharmaceutical, confectionery, and cosmetics industries, as well as other food and non-food industries. The product range is rounded off with service solutions. For more information, please visit www.boschpackaging.com.
The Bosch Group is a leading global supplier of technology and services. According to preliminary figures, some 283,500 associates generated sales of 47.3 billion euros in the areas of automotive and industrial technology, consumer goods, and building technology in fiscal 2010. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent some four billion euros for research and development in 2010, and applied for over 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
Bosch is celebrating its 125th anniversary in 2011. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as a "Workshop for Precision Mechanics and Electrical Engineering." The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.