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Coesia Group finalises Oystar NA deal

17-Dec-2012

Coesia Group has closed its buy of Oystar North America and renamed it R.A Jones & Co.

The deal for the company, formerly part of Oystar Group, was announced in October and covers packaging machinery, including pouch filling and cartooning, cup filling and sealing and bottle filling.  

R.A Jones & Co. has revenues of over $200m (€160m), two US based sites in Davenport, Iowa and Covington, Kentucky, over 550 employees and more than 70 patents worldwide.

“The acquisition of R.A Jones & Co. transforms Coesia into one of the leading North American packaging machinery companies with over $400m of North American revenues, four US production facilities, pervasive sales and technical service network and over 800 US-based staff," said Angelos Papadimitriou, CEO of Coesia Group.

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