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Italy's Coesia, a global leader in industrial and packaging solutions, is in search of a financial partner to undertake the acquisition of the German group Syntegon, which was previously known as Bosch Packaging Technology and is now owned by the CVC fund. The German company is estimated to be valued at approximately €3 billion. Coesia is completely owned by Isabella Seragnoli of Bologna, and it generated over €2.1 billion in revenue last year, with a gross operating profit of almost €350 million. The company employs more than 8,000 people, has 87 manufacturing locations, and operates in 34 countries. Its clients include companies in the aerospace, ceramics, pharmaceutical, electronics, healthcare, automotive, tobacco, consumer goods, and luxury goods industries. For many years, it has led the list of Italian corporations with the most European patent applications. Syntegon, on the other hand, is based in Stuttgart and employs 6,900 people in 20 countries, including a major presence in the United States. Syntegon exceeded €1.6 billion in sales in 2024, thanks in part to targeted acquisitions, and received orders totaling €1.8 billion, more than half of which came from the pharmaceutical business. It also managed to raise profit margins to €222 million.
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