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Romaco GroupKarlsruhe/Neuenburg, Germany
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| Sales 2010/2011 | €93.4mn |
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| Sales 2009/2010 | €79.3mn |
| Sales 2008/2009 | €83.0mn |
| Employees 2011 | 400 |
| Investment | €7.7mn |
| Equity share Deutsche Beteiligungs AG | 18.7% |
| Equity share co-investment funds | 77.3% |
| Type of investment | MBO |
| First invested | April 2011 |
| Sector | Mechanical engineering and plant construction |
| Nature of business | A developer and manufacturer of machines and complete lines for packaging and processing applications |
| Website | http://www.romaco.com/gb/ |
| Press releases | Company news |
The Romaco Group develops and manufactures machines and complete lines for packaging and processing applications. The group’s products can be categorised into two segments: The first is filling, dosing and packaging machines and lines for the pharmaceutical and cosmetic industries (‘Packaging’). Romaco focuses on technically sophisticated flexible machines for medium-batch production environments, which are currently benefiting from the strong global expansion of generic drug producers and contract packers (a company that packages drugs for other pharmaceutical producers). These include blister-packaging and cartoning machines as well as aseptic filling lines for liquids.
Romaco’s other segment is process technology (‘Processing’), which provides machines and processing lines for the food and cosmetic industries as well as for the health-care sector. These include vacuum deaerating units and mills.
Romaco creates an excellent opportunity for Deutsche Beteiligungs AG to invest in a highly attractive and strongly growing segment of Germany’s mechanical engineering sector. Romaco’s packaging machines are benefiting from the growth drivers in the pharmaceutical market – a growing population worldwide, an aging population in industrialised nations and rising prosperity in emerging countries. Along with revenue growth, earnings are targeted to improve and contribute to value growth, propelled, for instance, by investments in the expansion of the group’s application know-how.
Deutsche Beteiligungs AG aims to take a major step forward in the group’s internationalisation, based on its benchmark technologies. The focus will be on, among other things, expanding the service business, enlarging the sales network and transferring process knowledge and skills to other applications. Growth will be organic, but will, in particular, also come from complementary add-on acquisitions.
Deutsche Beteiligungs AG sees strong growth potential for the business and decided to invest in the Romaco Group for that reason.
