Bosch Packaging Technology, a leading supplier of process and packaging technology, plans to acquire Osgood Industries, Inc., based in Oldsmar, Florida. Agreements to this effect were signed on February 6, 2015. Bosch thereby intends to further strengthen its engagement in the liquid food industry in North America and additional markets. With sales of approximately 26 million USD in 2014, Osgood Industries employs about 150 associates. The transaction is pending the successful completion of all necessary antitrust approvals. The purchase price was not disclosed.
Well-known worldwide in packaging industry
Osgood Industries is well-known in the packaging industry for its expertise in developing, manufacturing and servicing complete rotary and linear machinery lines. They accurately fill pre-formed containers with products which require clean or ultraclean hygienic standards. This comprises both standardized and customized applications. The types of foods typically packaged in this classification include ice cream, yogurt, dessert, salad and cheese, among others. The acquisition will involve a comprehensive service portfolio of maintenance, spare parts, customer engineering, rebuilds and retrofits of existing equipment.