food paclaging

Packaging machinery manufacturer Oystar Group has divested its end-of-line packaging solutions company Automation + Fördertechnik (A+F) to German industrial holding company mutares.

The transaction, which is subject to German Federal Cartel Authority approval, is said to form a part of Oystar Group’s strategy to focus on its core business.

Based in Kirchlengern, Germany, A+F employs more than 179 people and generated revenues of around €30m in 2013.

A+F provides integrated solutions to the dairy, beverage, food, consumer and other sectors. It offers palletizers, including layer plate and gripper palletizers, and robot palletizing systems, besides many others.

In addition, A+F is considering expansion into other industry applications.

Mutares CEO and founder Axel Geuer said: "From my own experience as a former customer of A+F, I especially appreciate the flexibility and reliability of the developed solutions."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
"The financial terms of the transaction have not been disclosed."

Mutares board member Wolf Cornelius said: "We are delighted to generate additional business potential for A+F by strengthening its sales activities."

The financial terms of the transaction have not been disclosed.

Based in Munich, mutares acquires companies sold by their former owners as part of a strategic repositioning.

It supports all the acquired companies with its own team of experts to uplift the values of the companies.

Image: A+F provides packaging solutions to the dairy, beverage and food sectors. Photo: courtesy of punsayaporn /