EOL Packaging Experts GmbH (EOL) continues its successful Buy & Build process and invests in the renowned company Deltamatic, Portugal. The EOL Group, consisting of A+F Automation + Fördertechnik GmbH, Kirchlengern (A+F), Standard-Knapp, Inc. (SK), Portland Connecticut, BMS Maschinenfabrik GmbH (BMS), Pfatter and NEO Conveying Intelligence Lda. in Porto (NEO), is strengthening the international presence of the EOL Group and the expansion of the Portugal location in the field of automation and digitalisation with this strategic investment.
Marc Sachs, Managing Director of NEO, is positive about the merger of NEO and Deltamatic: "I am very happy about the opportunity to integrate Deltamatic into NEO and thus into the EOL Group and to continue the success story together with my long-time business partners Joaquim Mota and Martingo Pato. Together we will expand the Portugal location and thus strengthen the position of the EOL Group on the international market."
The shareholders of Deltamatic, Joaquim Mota and Martingo Pato, are satisfied with the succession arrangement: "We have been looking for a suitable successor for a long time and are happy to have found an experienced and trustworthy business partner in Marc Sachs, who is very well known to us. We are convinced that the integration into NEO offers new opportunities for the further development of Deltamatic."
"With the investment in Deltamatic, we are consistently continuing our growth course and expanding our portfolio with a company that has many years of experience in the field of automation and digitalisation," says Sebastian Jost, CEO of the EOL Group. "The integration of Deltamatic into NEO under the leadership of Marc Sachs enables us to further expand our competencies and offer our customers innovative solutions."
Thomas Anderegg, Chairman of the Advisory Board of the EOL Group and Managing Partner at CGS Management AG, adds: "With the integration of Deltamatic into NEO and the expansion of the Portuguese location, we are strengthening our competitive position. Our goal is to offer tailor-made solutions to the customers of the EOL Group worldwide and to further expand our international presence. By investing in Deltamatic, the EOL Group is sending a clear signal for the future."
About EOL Packaging Experts GmbH:
Founded in 2017 and headquartered in Germany, EOL Packaging Experts (EOL) is an international group of companies offering end-of-line packaging machines and systems. Under the umbrella of the parent company EOL, a strong international industry group has been created with A+F, SK, BMS and NEO. EOL's focus is on sustainable, long-term growth that will lead the group into a successful future.
Deltamatic was founded in 1999 with headquarters in Pindelo, Portugal. Deltamatic is a renowned company with excellent customer understanding and reputation in the field of automation solutions.
About CGS Management AG:
CGS is an independent, experienced investment firm based in Pfäffikon SZ, Switzerland. CGS specialises in developing medium-sized companies in the industrial environment into international groups. Since 1999, CGS funds have invested in platform companies in the German-speaking countries of Europe as well as in complementary acquisitions worldwide. Currently, investments are being made from the fourth fund, in which the acquisition of EOL represents the second platform investment.