Haniel acquires leading manufacturer of packaging machines ROVEMA

Haniel signed a contract on 24 October 2017 for the complete acquisition of ROVEMA. Haniel intends to acquire ROVEMA from the German financial investors Equita GmbH & Co. Holding KGaA and Equita GmbH & Co. CoVest KGaA (hereinafter referred to as “HQ Equita”) and from the CEO of the company, Thomas Becker.

ROVEMA is a leading company in the development, manufacturing, maintenance and modernisation of packaging machines and systems. ROVEMA has grown by double-digit percentages in both of the past two years thanks to its diverse and innovative product portfolio and its service offers. Headquartered in Fernwald/Hesse and with branches and sales subsidiaries in over 50 countries, the company is expected to generate sales of around EUR 100 million in 2017. The Haniel holding company offers an outstanding basis for the future development of ROVEMA, which the current CEO Thomas Becker will continue. In addition, he will reinvest in the company.