Bosch Packaging Technology and Klenzaids Contamination Controls are now operating a joint venture (JV). The relevant antitrust authorities have approved Bosch’s acquisition of 49% of Klenzaids shares. Headquartered in Mumbai, this Indian owner-managed company produces processing, packaging, and clean-room technology for the global pharmaceutical industry. The two partners’ aim in this joint venture is to extend their global reach, particularly in liquid pharmaceuticals and packaging machines for clean-roomenvironments. The jointly run company will employ some 380 associates. Both product brands, Bosch and Klenzaids, will continue to exist.
The JV will benefit Indian customers. Both companies will immediately be better placed particularly to meet customers’ growing need for complete lines from a single source. Klenzaids will contribute its expertise in cleanroom and processing technologies as well as peripheral systems, and Bosch will contribute its strength in innovative filling technologies. Klenzaids provides customers in the private and public sectors not just with plants,systems, and accessories but also with turnkey solutions – buildings and equipment that a customer can use as soon as they are built or assembled to process and package its particular product. These solutions include laboratories with the highest protection class for use in the field of biosafety.
Bosch Packaging Technology already has a presence in India through its location at Verna in Goa where it has been developing, building, and selling vertical and horizontal flow wrapping machines for packaging food as well as filling and sealing machines for liquid pharmaceuticals since 2012.As a result of the approved partnership, starting 1 June 2015, Klenzaids will be expanding its business to include sales and service of imported Bosch systems for the pharmaceutical industry in India. Bosch associates who already work mostly out of Mumbai will be transferred to Klenzaids headquarters. All other Bosch and
Klenzaids sales and service experts will continue to serve Indian customers from their existing locations. The aim is to offer customers continuity in their points of contact while also enabling associates at both companies to pool their knowledge and experience.
Hamish Shahani, managing director of Klenzaids, has assumed the role of CEO for the JV. Shahani said, “In the future we will continue to aim for profitable growth, innovative strength, reliability, motivated associates, and cultural diversity. We will be able to pursue all these values even better together.” Shreedhar Anehosur, the JV’s COO, has workedat Bosch for the last 17 years. He played a major part in building up the Verna location in Goa as the local engineering head.
Achema trade show
Bosch Packaging Technology generated sales of around 1.1 billion Euros in 2013. In the same year, Klenzaids sales totalled some 6 million Euros. Bosch will publish the figures for 2014 on June 15 at Achema, the leading trade show for pharmaceutical process technology,
which is taking place from 15 to 19 June 2015 in Frankfurt amMain. The two partners will share Hall 3.1 Stand C71 to engage with customers.