Brückner Group Acquires PackSys Global
Effective January 31, 2011, the German Brückner Technology Holding GmbH has acquired all shares of PackSys Global (Switzerland) Ltd., located in Zürich, Switzerland.
PackSys Global (PSG) is a global leading manufacturer of specialized equipment for the packaging industry. With 30 years of experience and expertise, the company designs and builds full lines for aluminum, plastic and laminate tubes, metal and plastic closures and monobloc aerosol cans, as well as dry offset printing systems which can be integrated into production lines for tubes, metal caps and cans.
With around 300 employees at their sites in Switzerland, Thailand and India, PSG will have, in the fiscal year ending March 2011, consolidated sales of approx. CHF 70 million.
The takeover of PSG is a further significant step for the Brückner Group to strengthen the Group’s strategic set up, with the objective to attain a well-balanced product and business portfolio. According to the company, Brückner is looking forward to continuing and supporting PSG’s long-term development as an innovation leader.
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