Coesia Buys Oystar, Renames it R.A. Jones & Co.
Italy-based Coesia Group acquired Oystar North America, Edison, N.J., and re-named it R.A Jones & Co.
R.A Jones & Co. is a leading North American player in food and consumer goods packaging machinery, through its seven brands—Jones (pouch filling and cartoning), KartridgPak (chub packaging), Autoprod and Holmatic (cup filling and sealing), Aerofill (aerosol machinery), Dawson (bottle filling) and Map Systems (patented solutions for improving product shelf life). Barry Shoulders will continue as the chief executive officer of the newly acquired company.
“The acquisition of R.A Jones & Co. transforms Coesia into one of the leading North American packaging machinery companies with over $400 million of North American revenues, four U.S. production facilities, pervasive sales and technical service network and over 800 U.S.-based staff,” says Angelos Papadimitriou, chief executive officer of Coesia Group.