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EOL Packaging invests in buy & build process

EOL Packaging Experts GmbH and Neo Conveying Intelligence Lda. are joining forces and pooling their expertise in the field of packaging.

EOL Packaging Experts GmbH and Neo Conveying Intelligence Lad. are to join forces. EOL has taken a further step in its buy & build strategy and strengthened its position in Europe and Africa. 

Neo is a young, dynamic and innovative company with customer understanding in the field of Logistics concepts within the packaging industry. The expertise, products and customers of the two companies are complementary.

„The successful future of Neo, its employees and its customers is crucial for me. I am firmly convinced that I have found a strong partner in EOL. The merger will allow us to grow even faster and offer customised, innovative machines and systems designed to the highest technical standards.“

Marc Sachs-Ehalt, Founder Neo

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„In addition to the highest technical quality, it is becoming increasingly important in the packaging industry to be able to offer integrated complete systems that are both attractively priced and can precisely solve the challenges that our customers are facing due to continuously increasing product diversity and rapidly changing customer preferences.“

Thomas Lehmann, CEO of the EOL Group

„With Neo and Marc's many years of experience in the packaging industry, we are strengthening our expertise in the field of logistics concepts and at the same time accelerate our internationalisation strategy,“ says Sebastian Jost, COO of the EOL Group.

Source: EOL Packaging Experts GmbH

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