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German manufacturer of flexible packaging systems and bagging machinery for food, pharma and consumer goods.
The Packaging Group GmbH, based in Germany and founded in 2018, makes flexible packaging systems and bagging machinery for food, pharmaceutical and consumer goods manufacturers. Revenue comes mainly from direct machinery sales, plus maintenance, training and professional services. On October 31, 2023, Verdane Capital Advisors acquired the company from HQ Equita, with financial terms not disclosed.
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