12.01.12
Coesia Group has signed an agreement for the acquisition of 100% of Oystar North America, Inc. from Oystar Group, subject to customary antitrust approvals.
Oystar NA has revenues of over $200 million, two U.S. based sites in Davenport, IA and Covington, KY, more than 550 employees and more than 70 patents worldwide. Oystar NA is considered to be the leading North American player in food and consumer goods packaging machinery, through its seven brands.
Barry Shoulders will continue to lead the newly acquired company.
Oystar NA has revenues of over $200 million, two U.S. based sites in Davenport, IA and Covington, KY, more than 550 employees and more than 70 patents worldwide. Oystar NA is considered to be the leading North American player in food and consumer goods packaging machinery, through its seven brands.
Barry Shoulders will continue to lead the newly acquired company.