Navigator Group announces intent to acquire Sapal engineering company
September 18, 2017 – The Navigator Group is planning to acquire the engineering company Sapal S.A., Ecublens, Switzerland, from Bosch's Packaging Technology division. Corresponding contracts were signed on 05.09.2017. Sapal is part of the packaging machinery division of the Bosch Group and is a company with a long tradition and a high reputation, which is focused on diefold packaging. More than 6,000 installed plants worldwide testify to the appreciation that customers bring to the Swiss precision machines. With the takeover by the Navigator Group, some 80 employees will have a long-term perspective in the focused development of an independently operating unit.
The production site in Ecublens has a long history. The company was founded by Jean-Jacques Köhler in 1906 and has set standards with packaging technology from the outset. In 2004, Sapal became part of Bosch’s packaging division through the takeover of SIG Group by BOSCH.
The Navigator Group acquires Sapal through a share deal. The parties agreed on the non-disclosure of the purchase price.
The Navigator Group sees itself as an active investor who is providing advice and assistance to the acquired companies without curtailing the necessary self-initiative on the ground. Therefore, it was important for Navigator Capital that Sapal’s management, which is highly experienced and well-regarded by customers and workforce alike, will stay on board.
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