Germany-based Bosch Packaging Technology has announced plans to acquire the machinery business units of Japanese pharmaceutical company Eisai.
Bosch Packaging Technology president Friedbert Klefenz said the company has formed a partnership with Eisai's pharmaceutical business and its subsidiary Eisai Machinery, which markets Bosch machines in Japan.
Bosch will be able to offer a broader product portfolio in the area of inspection technology, from basic inspection solutions to fully automated systems for all commonly used applications on the market.
"Inspection technology is of prime importance to pharmaceutical manufacturers because of rising demands on the production and packaging process due to increasing levels of safety requirements worldwide," Klefenz said.
Bosch hopes the acquisition will allow the company to further increase its presence in the Japanese market and intends to continue pursuing Eisai's established business of selling pharmaceutical packaging machines and materials.
Eisai machinery business companies generated sales of around €76m in 2010.
The two companies, which signed an agreement on 8 February 2012, have not disclosed the purchase price.
In May last year, Bosch already signed agreements to acquire Hüttlin and Manesty, the subsidiaries of OYSTAR Holding, which develops, manufactures and sells process equipments for the pharmaceutical industry.
Caption: With the acquisition of the machinery business units of Eisai, Bosch hopes to strenghten its presence on the Japanese market. Photo: Bosch