Bosch Group seeking buyer for packaging machinery division
Company aims to have division's locations, employees retained by buyer.
Bosch Group will seek a buyer for its packaging machinery division, including its food and pharmaceutical packaging unit.
In a press release translated from German, the Stuttgart, Germany-based manufacturer said it has not identified any "sufficiently entrepreneurial and technologically relevant" synergies that might contribute to future growth, noting that, as a result, it is not part of the company’s core business.