Stuttgart – Syntegon Technology GmbH (formerly Bosch Packaging Technology GmbH) is selling its location in Viersen and most of its product portfolio to Rotzinger Group AG, which is based in Kaiseraugst, Switzerland. The process equipment for jelly production is excluded from the deal. Syntegon intends to transfer this product line to its Makat Candy Technology GmbH subsidiary, which will set up a location in the Viersen region. The two companies have reached an agreement to this effect. Rotzinger is acquiring the portfolios for filling and sealing machines as well as some of the process technology for candy bars and confectionery. The parties agreed not to disclose details of the purchase price. The transaction is currently awaiting approval from the competition authorities, which is expected at the end of the year.
A CMS team headed by lead partner Dr Claus-Peter Fabian advised Syntegon Technology on all legal aspects of the carve-out of the Viersen location, including the business premises and arrangements for the relationship between the units going forward. The special challenge was separating the closely related business units at Syntegon Technology. Notably, this deal saw Syntegon Technology choosing CMS to work on the first M&A transaction since the sale of Syntegon Technology by Bosch to private equity investor CVC Capital Partners.
Syntegon Technology is a world-leading provider of process and packaging technology. As the former packaging division of the Bosch Group, the company has been providing complete solutions for the pharmaceutical and food industries for over 50 years. It is based in Waiblingen near Stuttgart. Some 6,100 employees across 30 locations in more than 15 countries generated sales of around EUR 1.3 billion in 2019.
The Rotzinger Group has its headquarters in Kaiseraugst, Switzerland. Through its Demaurex SA, Rotzinger AG and Transver AG companies it is in demand worldwide as a specialist in conveyor and product flow regulation systems. The company employs some 200 people. Its customers in the chocolate, biscuit and general food industry include major corporate groups and small businesses in over 50 countries.
Dr Claus-Peter Fabian, Lead Partner
Dr Kai-Guido Schick, Partner
Dr Kai Wallisch, Counsel
Kathrin Groß, Senior Associate
Simone Philipp, Senior Associate, all Corporate/M&A
Dr Oliver Simon, Partner
Dr Michael Rein, Principal Counsel, both Labor, Employment & Pensions
Dr Christian Haellmigk, Partner
Alexander Rittmann, Associate, both Competition & EU
Dr Martin Mohr, Counsel, Tax
Inhouse at Syntegon Technology GmbH
Dr Wolfgang Kübler, General Counsel / Head of Legal & Compliance, Syntegon Group
Marina Oster, Senior Legal Counsel, Syntegon Group