# EOL Packaging Experts merges with Neo Conveying Intelligence

EOL Packaging Experts GmbH and Neo Conveying Intelligence Lda. are joining forces as part of EOL's buy & build strategy. The merger combines their expertise in packaging and logistics concepts, strengthening EOL's position in Europe and Africa.

- Type: Acquisition
- Announced: 2022-05-23
- Status: announced
- Products: packaging machines, logistics concepts
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [EoL Packaging Experts](https://endata.com/companies/5294.md) (acquirer)
- [Neo Conveying Intelligence](https://endata.com/companies/63021.md) (target)

## Sources

- [packaging-journal.de](https://packaging-journal.de/en/eol-packaging-invests-in-buy-build-process/), 2022-05-23: "The merger will allow us to grow even faster and offer customised, innovative machines and systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.