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Private equity investor CGS Management, through portfolio company EOL Packaging Experts, acquired a majority stake in BMS Maschinenfabrik of Pfatter, a maker of sorting systems and dry parts solutions. The deal was announced on 13 May 2020; no value was disclosed.
Standard-Knapp shareholders agreed to sell the Portland, Connecticut packaging machinery maker to EoL Packaging Experts, which includes Germany's A+F Automation. The merger creates an end-of-line packaging leader in America and Europe.
