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Koerber
Körber AG plans to acquire Fargo Automation, Inc.
“We highly welcome the opportunity to expand our activities in the growing pharma market together with Fargo Automation,” emphasized the Chairman of the Executive Board of Körber AG, Stephan Seifert. “Integrating Fargo Automation into our technology portfolio will add exciting new products and solutions for our customers and at the same time will broaden our international footprint.”
“Within our Business Area, Fargo Automation can benefit from our extensive technological know-how and long-time experience in the pharmaceutical market,” added Clemens Berger, CEO of Körber Medipak Systems. “Fargo will be a perfect match for the existing Medipak Systems companies, as the products are complementary to each other. Thus, we will be able to support our customers in the North American markets with a much wider spectrum of integrated offerings.
“Körber will be the ideal strategic partner for us,” said Kevin Biffert, President of Fargo Automation. “Becoming part of Medipak Systems will add value for our existing and potential customers while the acquisition will open up new, long-term and international perspectives for us.”
The acquisition will be subject to the approval of the supervisory board of the Körber AG.
Press release