Hauni Maschinenbau has acquired the Garbuio Dickinson Group, a primary equipment specialist. The transaction was closed on June 30, 2014. Both companies will continue to act independently, using their existing brands. Mansueto Favaro, Garbuio Dickinson’s managing director, will continue to be responsible for the company’s operating business as member of the management board.
According to Hauni, the acquisition will benefit the R&D and service capabilities of both companies. The deal complements the current product portfolios of both firms and will therefore create more options for integrated solutions for increased customer satisfaction.
“Garbuio Dickinson and Hauni will jointly develop innovative products and solutions for the future,” says Hauni CEO Christopher Somm. “This will serve all our customers in a market that is heavily driven by new trends and challenged by increasing international regulation. We are pleased to welcome Mansueto Favaro and his team in our organization. Jointly we will strive to meet our customers’ high expectations by creating substantially more added value for our customers.”
“In a market driven by consolidation, Garbuio Dickinson starts the new partnership from a solid position,” says Favaro. “In Hauni we see the ideal partner to open up new and long-term perspectives for our organization and to inspire our customers with outstanding innovations.”
The Garbuio Dickinson Group employs more than 300 people in Italy, the United Kingdom, Indonesia and the United States. The group also maintains a joint venture in India to serve the local and neighboring markets.
Hauni Maschinenbau is acquiring the Borgwaldt Group, a supplier of measurement/analysis equipment and flavors for cigarette and filter production. Based in Hamburg, Germany, the Borgwaldt Group has around 150 employees worldwide.
“We are delighted to welcome a globally recognized technology specialist with Borgwaldt Group as the youngest member of the Hauni family,” said Christopher Somm, chairman of Hauni’s executive board.
Borgwaldt’s “longstanding specialist expertise in the field of physical measurement equipment and smoking machines dovetails perfectly with our product portfolio,” he added. “Using the Borgwaldt brand we shall jointly continue to expand our analysis activities alongside our French subsidiary Sodim. Hauni will also benefit from having a new flavor business unit. This will boost our expertise in our capacity as an international tobacco industry supplier.”
The Borgwaldt Group’s companies will become part of Hauni Maschinenbau with immediate effect. The companies will remain separate legal entities. Borgwaldt’s existing management team will continue to be responsible for the development of the business.
The customer contacts at Borgwaldt will also remain in place. They will continue to be responsible for handling the business, including services.
“With Hauni we have found a strong partner, which will open up new growth opportunities for us,” said Insa Briel, managing director of the Borgwaldt Group.
Hauni is a global supplier, headquartered in Hamburg, Germany, of tobacco machinery and related services to the tobacco industry. A member of the Körber Group, the company employs about 4,000 people worldwide. In 2011, it generated sales of about €800 million ($1.04 billion).