06.25.15
Oeka Oehlhorn GmbH, based in Bamberg, Germany, which celebrated its 100th anniversary last year, says it is looking at a bright new future now that its business operations have been sold to the Geka Group. Geka will take over the Bamberg location and retain its employees. The acquisition marks another step for Geka in pursuing its growth strategy.
Geka, one of the world’s leading manufacturers of brushes, applicators and complete packaging systems for the cosmetics and pharmaceutical industries, is the new owner of Oeka, an internationally active manufacturer of plastic and metal components. The merger will strengthen the global market position of the two regional companies from Franconia.
“Our aim is to create a globally operating German champion specialized in the development and production of applicators and complete packaging systems for the cosmetics and pharmaceutical industries,” said Nikolaus Michelsen, managing director of Geka. “At the same time, we are eager to retain going forward Oeka’s tight-knit corporate culture with its rich tradition rooted in Franconia.”
The transition is scheduled for mid-July 2015, and the creditors have already consented to the sale. The parties have agreed not to disclose any information on the purchase price.
Geka plans to integrate the Oeka Beauty and Oeka Med divisions into the Geka Beauty and Geka Healthcare divisions.
Geka, one of the world’s leading manufacturers of brushes, applicators and complete packaging systems for the cosmetics and pharmaceutical industries, is the new owner of Oeka, an internationally active manufacturer of plastic and metal components. The merger will strengthen the global market position of the two regional companies from Franconia.
“Our aim is to create a globally operating German champion specialized in the development and production of applicators and complete packaging systems for the cosmetics and pharmaceutical industries,” said Nikolaus Michelsen, managing director of Geka. “At the same time, we are eager to retain going forward Oeka’s tight-knit corporate culture with its rich tradition rooted in Franconia.”
The transition is scheduled for mid-July 2015, and the creditors have already consented to the sale. The parties have agreed not to disclose any information on the purchase price.
Geka plans to integrate the Oeka Beauty and Oeka Med divisions into the Geka Beauty and Geka Healthcare divisions.