Romaco purchases Innojet Herbert Hüttlin
Acquisition called the final link in Romaco's pharmaceutical process chain.
The sale of Germany-based Innojet Herbert Hüttlin to the Romaco Group was formally concluded on February 12, 2015.
For the Romaco Group, the strategic acquisition of Innojet Herbert Hüttlin will allow it to provide engineering solutions for the entire chain for manufacturing and packing pharmaceutical solids.
Previously an owner-managed firm based in Steinen, Germany, Innojet will become a wholly-owned company of the Romaco Group under the new name Romaco Innojet GmbH.
The management responsibility of Romaco Innojet GmbH will be shared by Paulo Alexandre (Romaco Group chief executive officer), Carsten Strenger (Romaco Group chief operating officer and chief financial officer) and Dr. h.c. Herbert Hüttlin, the latter continuing to support Romaco in a managerial and advisory capacity.
Through its acquisition of Innojet Herbert Hüttlin, Romaco will become the only supplier of high-tech engineering solutions in the world with a product portfolio spanning the entire process chain for manufacturing and packing pharmaceutical solids.
Looking forward, Romaco says it will be in a position to offer integrated concepts for several key technologies: granulation, tableting, coating and primary, secondary and final packaging.
“Thanks to the synergetic effects of our Romaco product lines—Innojet, Kilian, Noack, Siebler, Promatic and Macofar—we can serve our customers with innovative, all-in-one solutions for which there is presently no comparable alternative in the market,” emphasized Alexandre.
Innojet Herbert Hüttlin e.K. was established by Dr. h.c. Herbert Hüttlin in 1997 and currently employs 55 staff. In the 2014 fiscal year, the company reported sales of approximately €8-million (~CDN $11.354-million). Innojet develops, designs and delivers solutions for granulating and coating solids in the pharmaceutical, food and chemical industries on the basis of an innovative product handling concept. Its portfolio includes numerous patented systems and functional components for processing tablets, pellets and powders. The combination of high process quality and low costs is a convincing argument for users all over the world.
Romaco is a leading global supplier of Processing and Packaging equipment, predominantly for the pharmaceutical industry. Divided into three business areas, Processing, Tableting and Packaging, the company develops engineered system solutions for the pharmaceutical market, but also supplies the cosmetics, food and chemical markets. Romaco operates from four European locations with the headquarters in Karlsruhe, Germany. The company serves the multiple industries through a total of eight brands: The packaging product lines Noack, Siebler, Bosspak, Macofar, Promatic and Unipac are manufactured in Karlsruhe, Germany and in Bologna, Italy. The tableting product line Kilian is produced in German Cologne while the Innojet product line in German Steinen is responsible for granulation and coating. Romaco’s product portfolio includes primary, secondary and final packaging, aseptic and non-aseptic liquid and powder filling, tablet press technologies, granulation and coating. Over 12,000 Romaco installations are currently in operation in more than 180 countries. The company’s worldwide customer base is supplied and supported by over 500 highly skilled and committed employees.
For more information about the Romaco Group, visit www.romaco.com.
Photo caption: (L-R) The Romaco Innojet management: Carsten Strenger, Christian Ott, Paulo Alexandre, Dr. h.c. Herbert Hüttlin.