Deutsche Beteiligungs to acquire Romaco Group

Romaco develops customer solutions for various forms of drug packaging and delivery systems and complex processing applications.

DBAG Board of Management member Rolf Scheffell said in partnering with Romaco’s management, they aim to take a major step forward in the group’s internationalization, based on its technologies.

"The focus will be on, among other things, expanding the service business, strengthening the sales network and transferring process knowledge and skills to other applications, such as for the cosmetics industry," Scheffell said.

The deal is conditional upon the approval of the German anti-trust authorities and is expected to be completed by the end of April 2011.