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Green light from antitrust authorities: Bosch Packaging Technology collaborates with Klenzaids Expansion of activities within pharmaceutical sector

  • Bosch acquires 49 percent of shares
  • Joint venture to employ 380 associates
  • Klenzaids responsible for sales and service of pharmaceutical systems in India
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  • June 10, 2015
  • Business/economy
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press release

Mumbai, India / Waiblingen, Germany. Bosch Packaging Technology, a leading global provider of process and packaging technology, and Klenzaids Contamination Controls Pvt Ltd. are now operating a joint venture. The relevant antitrust authorities have approved Bosch’s acquisition of 49 percent 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-room environments. The jointly run company will employ some 380 associates. Both product brands, Bosch and Klenzaids, will continue to exist.

Broader range of products and services for customers in India
The joint venture is being set up primarily to 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 clean-room 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.

Strategic complement to the location in the state of Goa
Bosch Packaging Technology already has a presence in India through its location in Verna, in the state of 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. To date, Bosch Packaging Technology has sold over 1,500 packaging machines to leading brand companies in the food and pharmaceutical industries in India.

Klenzaids assumes responsibility for Bosch import sales and service
As a result of this approved partnership, starting July 1, 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 transfer 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 is CEO
Hamish Shahani, managing director of Klenzaids for many years, has assumed the role of CEO for the joint venture. Hamish 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 worked at Bosch for the last 17 years. He played a major part in building up the Verna location in the state of Goa as the local engineering head.

Joint presence at Achema trade show in Frankfurt am Main
Bosch Packaging Technology generated sales of around 1.1 billion euros in 2013. In the same year, Klenzaids sales totaled 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 June 15-19, 2015 in Frankfurt am Main. The two partners will share a booth to engage with customers (Hall 3.1, Booth C71).

Press contact India:
Nayak Sujit,
phone: +91 80 6752-6168

Press contact Germany:
Dirk Haushalter,
phone: +49 711 811-58503

Klenzaids Contamination Controls Private Limited, founded in 1978 and based in Mumbai, is a leading supplier of clean-rooms, pharmaceutical machinery, accessories and delivers regulatory compliant turnkey, "design-build” projects to the pharmaceutical and life-science industry. Additional services and training support the customers to comply to manufacturing techniques and practices under international regulatory norms. From its headquarter located in Mumbai with support centers in Delhi, Kolkata, Chennai, Hyderabad and Pune and its manufacturing facilities at Umbergaon, South Gujarat, India, a team of 350 dedicated and experienced employees serve customers in India and in export markets such as United States of America, Canada, Poland, Indonesia, South Africa, Argentina, and Italy.

Additional information is available online at www.klenzaids.com

Based in Waiblingen near Stuttgart, Germany, and employing 5,600 associates, the Packaging Technology division of Bosch is one of the leading suppliers of process and packaging technology. At over 30 locations in more than 15 countries worldwide, a highly-qualified workforce develops and produces complete solutions for the pharmaceuticals, food, and confectionery industries. These solutions are complemented by a comprehensive after-sales service portfolio. A global service and sales network provides customers with local points of contact (on June 15, 2015, fiscal figures for 2014 will be published at trade show Achema in Frankfurt, Germany).

Additional information is available online at www.boschpackaging.com

The Bosch Group is a leading global supplier of technology and services. It employs roughly 360,000 associates worldwide (as per April 1, 2015). The company generated sales of 49 billion euros in 2014.* Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including its sales and service partners, Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. In 2014, Bosch applied for some 4,600 patents worldwide. The Bosch Group’s strategic objective is to create solutions for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”

Additional information is available online at www.bosch.com, www.bosch-press.com, http://twitter.com/BoschPresse.

*The sales figure disclosed for 2014 does not include the former joint ventures BSH Bosch und Siemens Hausgeräte GmbH (now BSH Hausgeräte GmbH) and ZF Lenksysteme GmbH (now Robert Bosch Automotive Steering GmbH), which have since been taken over completely.

PI8899 - June 10, 2015

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