PAAL Verpackungsmaschinen

Sigpack und Paal will become Bosch Packaging Systems

Name change of subisdaries

• Name change underlines company's strategic approach
• Comprehensive portfolio for primary and secondary packaging

STUTTGART – Bosch Packaging Technology, a leading supplier of holistic packaging and process technology, is changing the company names of its subsidiaries Sigpack Systems AG and Paal Verpackungsmaschinen GmbH, effective February 1. Sigpack Systems AG, based in Beringen, Switzerland, will become Bosch Packaging Systems AG. Paal Verpackungsmaschinen GmbH in Remshalden, Germany will become Bosch Packaging Systems GmbH.

The renaming highlights Bosch’s strategic approach to provide an even wider variety of solutions from one source. With technologies from feeding and distribution to wrapping, cartoning, handling and case packing, Bosch Packaging Systems offers a comprehensive portfolio for primary and secondary packaging.

„As Bosch Packaging Systems, both companies benefit even more from the globally renowned reputation of the Bosch brand,” explains Friedbert Klefenz, President of Bosch Packaging Technology. “The product brands Sigpack and Elematic will continue to exist under the strong Bosch umbrella. This unified market presence strengthens our position as a leading supplier of innovative, customized solutions.“

Press Contact:
Margit Nuck,
Telephone +41 58 674 6228

The Bosch division Packaging Technology, based in Waiblingen (Germany), is one of the leading suppliers in the field of packaging technology. In 16 countries worldwide it develops and produces complete systems in packaging and process technology for the pharmaceutical, confectionery and cosmetics sectors, as well as other food and non-food industries. Customized system solutions complete the service package. Bosch Packaging Technology's sales and service teams operate worldwide. More information at www.boschpackaging.com.

The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 275,000 associates generated sales of 38.2 billion euros in fiscal 2009. For fiscal 2010, Bosch forecasts sales of roughly 46 billion euros and a headcount of a good 280,000 by the end of the year. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in over 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for growth. Each year, Bosch spends more than 3.5 billion euros for research and development, and applies for some 3,800 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.

The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information can be accessed at www.bosch.com, www.bosch-press.com