Körber AG Completes Acquisition of Fargo Automation, Inc.
5 January 2017
The international technology group Körber, headquartered in Hamburg, Germany, completed the acquisition of Fargo Automation, Inc., based in Fargo, North Dakota, USA with effects from January, 3, 2017. Fargo Automation designs and manufactures automated packaging equipment for the pharmaceutical and medical device industries. The objective of the acquisition is to further expand the Körber Group’s Business Area Pharma Systems.
With the acquisition Medipak Systems and its Northern American subsidiary, Körber Medipak Systems NA, Inc., extend their offerings for their pharmaceutical and biopharmaceutical customers. Fargo Automation’s pharmaceutical packaging equipment - which include for instance syringe handling machines - is designed and built specifically to customer’s specifications. In addition Fargo Automation offers advanced integration services, which provide a complete packaging line with all of the mechanical components and controls tied together seamlessly. Fargo Automation, Inc. employs some 70 experts. Within Körber’s Business Area Pharma Systems, Fargo Automation will be closely linked to Körber Medipak Systems NA Inc., the sales and service hub for the North American markets.