EOL Packaging Experts GmbH invests in Deltamatic and strengthens its international positioning in the field of automation and digitalisation

Lütisburg SG / Saint-Just (F), 6. Juli 2023

EOL Packaging Experts GmbH (EOL) continues its successful Buy & Build process and
invests in the renowned company Deltamatic, Portugal. The EOL Group, consisting of
A+F Automation + Fördertechnik GmbH, Kirchlengern (A+F), Standard-Knapp, Inc.
(SK), Portland Connecticut, BMS Maschinenfabrik GmbH (BMS), Pfatter and NEO
Conveying Intelligence Lda. in Porto (NEO), is strengthening the international
presence of the EOL Group and the expansion of the Portugal location in the field of
automation and digitalisation with this strategic investment.

Marc Sachs, Managing Director of NEO, is positive about the merger of NEO and Deltamatic:
"I am very happy about the opportunity to integrate Deltamatic into NEO and thus into the EOL
Group and to continue the success story together with my long-time business partners Joaquim
Mota and Martingo Pato. Together we will expand the Portugal location and thus strengthen the
position of the EOL Group on the international market."

The shareholders of Deltamatic, Joaquim Mota and Martingo Pato, are satisfied with the
succession arrangement: "We have been looking for a suitable successor for a long time and are
happy to have found an experienced and trustworthy business partner in Marc Sachs, who is very
well known to us. We are convinced that the integration into NEO offers new opportunities for
the further development of Deltamatic".

"With the investment in Deltamatic, we are consistently continuing our growth course and
expanding our portfolio with a company that has many years of experience in the field of
automation and digitalisation," says Sebastian Jost, CEO of the EOL Group. "The integration of
Deltamatic into NEO under the leadership of Marc Sachs enables us to further expand our
competencies and offer our customers innovative solutions."

Thomas Anderegg, Chairman of the Advisory Board of the EOL Group and Managing Partner at
CGS Management AG, adds: "With the integration of Deltamatic into NEO and the expansion of
the Portuguese location, we are strengthening our competitive position. Our goal is to offer
tailor-made solutions to the customers of the EOL Group worldwide and to further expand our
international presence. By investing in Deltamatic, the EOL Group is sending a clear signal for the

For further information please contact:
EOL Packaging Experts GmbH
Industriestraße 11-13
32278 Kirchlengern

About EOL Packaging Experts GmbH

Founded in 2017 and headquartered in Germany, EOL Packaging Experts (EOL) is an international group of
companies offering end-of-line packaging machines and systems. Under the umbrella of the parent company EOL,
a strong international industry group has been created with A+F, SK, BMS and NEO. EOL's focus is on sustainable,
long-term growth that will lead the group into a successful future.

About Deltamatic

Deltamatic was founded in 1999 with headquarters in Pindelo, Portugal. Deltamatic is a renowned company with
excellent customer understanding and reputation in the field of automation solutions.

About CGS Management AG

CGS is an independent, experienced investment firm based in Pfäffikon SZ, Switzerland. CGS specialises in
developing medium-sized companies in the industrial environment into international groups. Since 1999, CGS funds
have invested in platform companies in the German-speaking countries of Europe as well as in complementary
acquisitions worldwide. Currently, investments are being made from the fourth fund, in which the acquisition of
EOL represents the second platform investment.

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EOL Packaging Experts GmbH invests in Deltamatic and strengthens its international positioning in the field of automation and digitalisation