M&As: Schenck Process changes name to Coperion; Dubag acquires packaging firms Ampack and Osgood from Syntegon
The former Schenck Process Food and Performance Materials (FPM) group of companies have officially changed their name to Coperion. The transition follows the September 2023 acquisition of the companies by Hillenbrand, the parent company of German machinery firm Coperion.
The migration of the former Schenck Process FPM began in May 2023 when it spun off from the German-based Schenck Process Group—which has since rebranded as Qlar in a parallel, but unrelated, process.
The integrated Coperion companies combine the strengths of multiple process industry leaders under a single brand, offering manufacturers a broader portfolio of solutions, technologies and services across the food, health and nutrition markets, such as baking, confectionery, pet food, pharmaceuticals and cosmetics, as well as the polymers/performance materials industries such as plastics, plastics recycling, chemical, battery and minerals.
Coperion brings flagship brands together under one roof, including those that were formally from Schenck Process (FPM) - Raymond Bartlett Snow, Stock, Baker Perkins, Kemutec, and Mucon. This allows Coperion to offer solutions to customers in a more streamlined way with customers continuing to receive hands-on service and support, including access to test and innovation centres around the world, it adds.
“Our dedicated employees are energised by the possibilities of the new Coperion and the positive impact we believe its expansion is already having on our company and our customers,” said Matthew Craig, General Manager, FPM. “Bringing all technologies under the Coperion name signals a deeper integration that means we are better equipped than ever to deliver the high-quality solutions, technologies and service we’ve always been known for.”
“We made the strategic decision to strengthen Coperion’s capabilities,” said Ulrich Bartel, President, Coperion. “We have done so by bringing together people and technologies that customers know and trust, creating a broader and deeper portfolio that meets every process step and cements our over 140-year legacy of proven performance and leadership.”
In other news, private equity investor Dubag Group has acquired the liquid food filling business of Ampack GmbH and Osgood Industries from the Syntegon Group. Ampack, based in Koenigsbrunn (Germany), and Osgood, based in Oldsmar (US), are providers for the filling of liquid and viscous food products into preformed cups and bottles.
In the future, both companies will operate under the umbrella brand Ceratech Group to ensure continued close international cooperation. The acquisition was made via the LEO III fund, which is exclusively advised and represented by Dubag. The parties have agreed not to disclose any financial details of the transaction.
Dubag specialises in company carve-outs with high potential for success.
“Ampack and Osgood have an excellent reputation in the food industry and are known for delivering high-quality and a broad machine portfolio. Both companies have technological expertise, many years of R&D experience and a global customer base – promising preconditions for successful economic growth in an attractive market environment,” says Michael Schumann, Founder/CEO of Dubag.
Dubag sees the key to long-term growth in the technological expertise of its workforce and is therefore retaining the approximately 300 employees of Ampack and Osgood.
Leon van de Wiel, former Managing Director/Vice President Food Liquid at Syntegon and now Chairman of Osgood and Ampack, explains: “We are not only fulfilling our responsibility towards our employees, but also enabling a smooth transition phase for our customers – as well as setting the course for successful collaboration in the future.”
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