BOSSAR – EXPANDS ITS GLOBAL PRESENCE AND MACHINE RANGE

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Only one word describes Bossar Italythe current developments for the Bossar group:“expansion”. Besides the growth of the USA operation and the opening of the sales and service office in Chile, Bossar added sales, service and production capacity in Shanghai, China in the year 2013. In 2014 Bossar started a joint venture for the production and sales of Bossar machines in India by founding Bossar India Ptv, Ltd together with Wraptech Pty, Ltd. In addition, Bossar Packaging Systems Srl, Italy which manufactures product feeding and line distribution systems, horizontal flow wrapping and end of line packaging machines, was integrated into the Bossar Group in 2014.

With this expansion, the Bossar group expects 2014 sales to increase 20% over 2013, resulting in a 44% increase in EBITDA. This global expansion has added over 50 new jobs increasing the number of worldwide employees to over 200, with more than 2,500 machines installed.

The launch of the new cartoning and casepacking range in 2013 from the USA production facility, and the success and growth in this sector, doubling Bossar USA’s business, resulted in the strategic decision to shift the focus of the group more to expand the Bossar brand in the North American Market and worldwide.

Bossar, a global leader in innovation and technology, introduced at the 2014 Interpack Show a new packaging system combining the expertise in horizontal and vertical form fill/seal machines into one model. The new Bossar BVH will be on display at the upcoming Pack Expo Show in Chicago. Based on the vast experience and focus on innovation, Bossar will also introduce a new vertical form/fill/seal machine for global distribution. This will compliment the Bossar product range to offer its global customer base a comprehensive program and complete packaging turn-key systems to cover all their packaging needs.

“With our strong leadership in innovation, technology and quality for almost 25 years, we are convinced that we can translate this success throughout our entire product portfolio, this strategic change also brings clarity and focus to our group and customers” states Klaus Kraemer, Bossar Group CEO. Mr Kraemer added: “in 2014 we have invested more than 10% of our annual revenue in R&D, acquisitions and infrastructures. This reflects the growing evolution and strength of the group. Last but not least, we would like to thank our strong management team, employees, global partners and customers for their loyalty and support during this exiting journey”.

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