Workflow
MLD Advanced filling machine
icon
Search documents
Apollo seeks stake in packaging machinery company Syntegon – report
Yahoo Finance· 2026-03-17 10:40
Core Viewpoint - Apollo Global Management is in discussions to acquire a significant minority interest in German packaging machinery developer Syntegon, with a potential agreement expected soon [1][2]. Group 1: Acquisition Details - The potential deal could value Syntegon at approximately €4 billion ($4.6 billion), although negotiations are ongoing and may change [2]. - Apollo has reportedly outpaced other private equity bidders for the stake in Syntegon [1]. - Both Apollo and Syntegon's owner, CVC Capital Partners, have declined to comment on the negotiations [2]. Group 2: Company Background - Syntegon, previously known as Bosch Packaging Technology, provides equipment to clients in the pharmaceutical and food sectors and was acquired by CVC from Robert Bosch in 2019 [2]. - The financial details of the acquisition by CVC were not disclosed, but it was valued at approximately $1 billion [3]. Group 3: Product Innovations - Syntegon recently launched the MLD Advanced filling machine, designed for ready-to-use (RTU) nested syringes, capable of processing up to 400 syringes per minute [3][4]. - The machine features automatic bag and tub openers and utilizes no-touch transfer to maintain the aseptic integrity of syringes during the filling process [4].