KARLSRUHE, Germany - International Process and Packaging Technologies GmbH (IPPT), a portfolio company of Deutsche Beteiligungs AG (DBAG) and owner of the Romaco Group, has purchased Kilian GmbH & Co. KG. Completion of the deal is expected in the late summer.
IPPT is the parent company of the Romaco Group with production sites in Germany, Switzerland and Italy as well as sales and service centers in the United States, Spain and Brazil. Kilian will be a sister company of the Romaco Group.
Kilian, Cologne, Germany, is a leading international supplier of tablet press machines. The manufacturer’s technologies are used in the pharmaceutical, food and chemical industries both in serial production and on a laboratory scale.
“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 realizing the group’s strategy. In the long term, the aim is to further develop Romaco’s core competencies with DBAG’s support,” said Wolf-Dieter Baumann, Chairman of the Board of IPPT.