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"Modern leadership culture has a performance-enhancing effect"

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Home Press Körber AG plans to acquire Fargo Automation, Inc.
[Translate to English:]

Koerber

Körber AG plans to acquire Fargo Automation, Inc.

As the holding company of the Business Area Pharma Systems, Körber Medipak Systems AG and its Northern American subsidiary, Körber Medipak Systems NA, Inc., are aiming to utilize the acquisition to extend offerings for their pharmaceutical and biopharmaceutical customers. Fargo Automation’s pharmaceutical packaging equipment   which include for instance syringe handling machines   are designed and built specifically to customer’s specifications. In addition Fargo Automation offers advanced integration services, which provide a complete packaging line with all of the mechanical components and controls tied together seamlessly. Fargo Automation, Inc. employs some 70 experts. Within the Körber Business Area Pharma Systems, Fargo Automation will be closely linked to Körber Medipak Systems NA Inc., the sales and service hub for the North American markets.
“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

[Translate to English:]

Körber Medipak Systems AG, die Holdinggesellschaft des Geschäftsfelds Pharma-Systeme, und ihre nordamerikanische Tochter Körber Medipak Systems NA, Inc. erweitern mit der geplanten Übernahme das Angebot für ihre Kunden aus der pharmazeutischen und biopharmazeutischen Industrie. Fargo Automation entwickelt und baut kundenindividuelle Verpackungsanlagen für pharmazeutische Produkte. Dazu gehören unter anderem Lösungen für das Handling von Spritzen. Das Unternehmen bietet außerdem Komplett-Lösungen für die Integration ganzer Verpackungslinien. Fargo Automation, Inc. beschäftigt rund 70 Mitarbeiter. Im Geschäftsfeld Pharma-Systeme wird Fargo Automation eng verbunden sein mit Körber Medipak Systems NA Inc., dem Vertriebs- und Servicezentrum für die nordamerikanischen Märkte.

„Wir freuen uns sehr darüber, unsere Aktivitäten in der wachsenden Pharmabranche zusammen mit Fargo Automation auszubauen“, betonte Stephan Seifert, Vorstandsvorsitzender der Körber AG. „Mit der geplanten Integration von Fargo Automation erweitern wir unser Technologieportfolio mit spannenden neuen Produkten und Lösungen für unsere Kunden. Gleichzeitig bauen wir unsere internationale Präsenz weiter aus.“

„Innerhalb unseres Geschäftsfelds kann Fargo Automation von unserem breiten technologischen Know-how und unserer langjährigen Erfahrung auf dem Pharmamarkt profitieren“, ergänzte Clemens Berger, CEO von Körber Medipak Systems. „Fargo passt perfekt zu unseren bestehenden Unternehmen, da sich unsere Produkte ergänzen. Gemeinsam können wir unseren Kunden ein noch größeres Spektrum integrierter Lösungen bieten.“

„Körber ist der ideale strategische Partner für uns“, unterstreicht Kevin Biffert, President Fargo Automation. „Durch unsere Verbindung mit Medipak Systems sind wir in der Lage, unseren bestehenden und potenziellen Kunden deutlich mehr Lösungen anzubieten. Zudem eröffnen sich uns mit der Übernahme neue Perspektiven auf dem internationalen Markt.“ 

Die Übernahme steht unter dem Vorbehalt der Zustimmung des Aufsichtsrats der Körber AG.

Pressemitteilung

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