Bosch’s Packaging Technology Division plans to acquire Paal Verpackungsmaschinen GmbH & Co. KG, based in Remshalden near Stuttgart. The purchase price was not disclosed.  
   
Paal is a packaging and automation specialist that develops, manufactures, and sells lines for secondary and multiple unit packaging using various materials such as paper, solid fiber board, compact and corrugated board. The company has a range of products for worldwide distribution to the food and cosmetics industries as well as manufacturers of technical products.  
   
With the acquisition, Bosch adds to its systems business and product portfolio with secondary and multiple unit packaging. Paal products will become available through Bosch’s global distribution network and also enables Bosch to establish business contacts with new sectors of the non-food segment.
  
“Paal has impressive systems competence which we intend to utilize for growth in this sector. This involves deriving benefits from the knowledge and expertise of Paal associates,” said Friedbert Klefenz, president of the Bosch Packaging Technology division.
   
“Under the Bosch umbrella, we will gain access to new markets and technologies. This will offer excellent prospects for driving our business forward and achieving optimum growth,” said Claus Paal, executive director of Paal.