Geneva (AWP) – Packaging specialist Syntegon, formerly a subsidiary of the German Bosch group, is said to be considering a listing on the Swiss Stock Exchange. The operation would be planned for next year.
This is what the German newspaper “Finanz und Wirtschaft” reported on Monday, citing a spokesman. The information was originally submitted by “Schaffhauser AZ”. The company would indeed like to be domiciled in the municipality of Schaffhausen, and to dissolve the current headquarters located in Weiblingen, Germany.
Syntegon was founded in 1969 as a subsidiary of Bosch. In 2020, the company split. According to its own information, the group develops packaging machines for the pharmaceutical, medtech and food industries. The company is present in 39 locations in 20 countries and has a total of 6,300 employees. Last year, it achieved a turnover of 1.5 billion euros (1.4 billion Swiss francs).
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