Romaco Group Holding Company Buys Tablet Press Maker
Published: July 1st, 2013
International Process and Packaging Technologies GmbH (IPPT) has announced the purchase of Kilian GmbH & Co. KG, a Cologne-based international supplier of tablet press machines with reported sales of approximately 45 million euros in 2012.
IPPT is a portfolio company of Deutsche Beteiligungs AG (DBAG) and owner of the Romaco Group, with production sites in Germany, Switzerland and Italy as well as Sales & Service Centres in the US, Spain and Brazil. Kilian will be a sister company of the Romaco Group.
Kilian’s technologies are used in the pharmaceutical, food, and chemical industries both in serial production and on a laboratory scale. Apart from a wide range of tablets for pharmaceutical use, applications include stock cubes, dishwasher tabs, and pressed dextrose and sweetener products. The portfolio encompasses a variety of services in addition to classic machines and lines, Karlsruhe-based IPPT said in a press release.
Kilian offers outstanding prospects in national and international markets alike. Demand for equipment from European OEMs is especially high in the rapidly expanding pharmaceutical markets of Asia, Eastern Europe and South America, due partly to the sharp rise in generics production worldwide, the company said.
“Kilian is a seasoned company and a leader in the field of tablet press technologies. It has an excellent reputation in key pharmaceutical and food production markets around the globe”, explained Paulo Alexandre, CEO of IPPT. “Pharmaceuticals and food in general are characterised by stable growth, which is significantly stronger in the emerging countries. Our acquisition of Kilian will enable us to extend the Romaco Group’s portfolio of machinery and services with an important new segment in solid dose applications, giving a crucial boost to our growth strategy.”
The official contract of sale has just been signed by the German IPPT and the Italian IMA Group. The final completion of the contract is conditional, amongst other things, on the approval of the antitrust authorities. The transaction is expected to be concluded in the late summer.
Established in Berlin in 1875, Kilian was acquired by the IMA Group in 2000 and currently employs some 150 staff at its Cologne headquarters.
“Kilian and the Romaco Group complement one another perfectly in terms of their technology profiles and markets. In purchasing Kilian, IPPT has taken another big step towards realising the Group’s strategy. In the long term, the aim is to further develop Romaco’s core competencies with DBAG’s support”, added Wolf-Dieter Baumann, Chairman of the Board of IPPT.