DBAG acquires Romaco

The vendor is a US supplier for engineered equipment Robbins & Myers Inc. DBAG has invested €8m from it balance sheet in return for a 19% stake. Romaco's management and DBAG fund V will hold the remaining shares.

The investment will be used for internationalisation, expanding the service business and strengthening the sales network. The planned expansion will be achieved through organic growth as well as add-on acquisitions.

Romaco was founded in the 1990s and is based in Karlsruhe, Germany. About two thirds of its revenues come from the firm's packaging machines used in the pharmaceutical and cosmetics industries. The other arm of the business is process technology, providing machines and complete processing lines primarily for food healthcare and cosmetic industries. The company has an expected turnover of €100m for 2011 and employs about 450 members of staff. Additional facilities are situated in Rheinfelden, Switzerland and in Bologna, Italy.

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• Buyouts
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• Germany