Oystar sells secondary packaging division A+F to Mutares

By Jenny Eagle contact

- Last updated on GMT

Oystar sells secondary packaging division A+F to Mutares

Related tags: Butter, Manufacturing

Oystar has sold its secondary packaging division A+F (Automation + Fördertechnik), which mainly operated in the dairy market, to Mutares.

The sales marks the completion of the company’s strategic action to focus on its primary packaging business for the dairy and food industries, initiated in 2010.

Markus Ehl, CEO, Oystar, said working with the new owner, A+F can now approach markets it wasn’t able to focus on in the past.

Now Oystar can devote its full attention to the market for primary packaging​,” he added.

This isn’t just where our strengths lie; it’s where the group foresees the greatest growth potential​.

A+F now has the chance to apply its expertise to other industries without having to align itself to our group’s needs. That was another principal reason behind the sale​.”

The parties agreed not to disclose the purchase price. All that is left to finish the transaction is for the antitrust authorities to approve the sale, which they will do in the coming weeks.

The company produces thermoform, fill and seal for cups and fill and seal for pre-formed cups and bottles, as well as wrapping machinery for butter and margarine.

Oystar will continue to offer its clients complete packaging lines for product filling through to final packaging, either with A+F or with other partners.

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