The company is looking for a buyer for the pharmaceuticals and food units of the packaging technology division.
Bosch, Farmington Hills, Mich., is currently looking to sell its packaging machinery business (PA), more specifically the pharmaceuticals and food units of the packaging technology division.
“This decision will allow Bosch to narrow its focus on issues of importance for its future, such as the transformation of the Bosch Group and its future digitalization strategy, including the Internet of Things, and to pool its resources accordingly,” says Dr. Stefan Hartung, board of management member responsible for the energy and building technology and industrial technology business sectors. “Both PA and Bosch will benefit from this decision. A reorganized packaging technology business will be able to adapt more flexibly to the diverse requirements of this typically SME market, while Bosch will be free to focus its attention entirely on the group’s impending profound transformation.”