Körber Acquires Seidenader Maschinenbau

By Gina Monari

The Hamburg-based Körber Group is buying the company Seidenader Maschinenbau GmbH (Markt Schwaben, Germany). Seidenader is one of the world's leading manufacturers of inspection machines, software, and vision applications for pharmaceutical production. Körber AG is using this acquisition to boost its fast-growing Pharmaceutical Packaging Systems Division headed by Körber Medipak.

"We are delighted that with Seidenader, an innovative company with very interesting technologies, we will be able to further expand our activities in the healthcare market of the future," says Richard Bauer, CEO, Körber.

Körber Medipak is the world's only supplier of comprehensive packaging systems for the pharmaceutical industry, and acts as a one-stop-shop for packaging and automation solutions for different medical dosage forms. Seidenader's inspection systems for the healthcare industry represent an important and trendsetting addition to the spectrum of services offered by the Körber Medipak Group.

Seidenader has 365 employees in Germany and the U.S. The company has grown fast in recent years, and its sales currently amount to around €55 million. The two previous Managing Partners, Nikolaus Seidenader and Volker Weders-hoven, will continue to head the company as Managing Directors.

"Seidenader dovetails perfectly with Körber Medipak's companies," says Gerhard Breu, CEO of Körber Medipak and member of the Körber Executive Board. "Together we will be able to exploit additional growth opportunities."

SOURCE: Körber Group