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Varova strengthens CSi

Company News Tuesday, March 26, 2013: CSi UK

Varova has become a major shareholder in CSi industries alongside the current management and owners. Varova’s investment allows CSi to solidify its position and address new market opportunities.

 

CSi, a former Stork company with production facilities in the Netherlands and Romania, has been trading for almost 50 years and supplies palletising and product handling systems as well as sophisticated blanks handling equipment. Under management ownership, CSi has introduced new palletising and conveying concepts delivering cost reduction and productivity improvement, with short payback periods.

Through innovation and working closely together with its customers, CSi has grown a strong customer base and today CSi can count many global leading Fast Moving Consumer Goods manufacturers as loyal customers, as well as many companies within the Packaging industry.

 

In recent years CSi has made several strategic steps towards reaching its ambitious development and market plans. CSi’s strong market position has been further strengthened by Varova’s extensive experience in industrial production and FMCG, and provides a solid base from which CSi can achieve its ambitions.  Both teams share a passion for the product, customer base and strategic plans and look forward to this partnership with enthusiasm.

 

For your information
CSi (www.CSiportal.com) is a global leader in product handling at the end of production and packaging lines. CSi provides a complete package from initial consultancy and design to production, assembly, installation and commissioning. Furthermore CSi provides all the relevant services required throughout the life cycle of the installation. CSi maintains a strong market position around the world with a spread of customers including manufacturers of fast moving consumer goods, distributors and the packaging industry. CSi has built this position on the basis of the reliability of its products and services, standardised but with a strong ability to design bespoke solutions. The company has a continuous focus on innovation and a total commitment to customer satisfaction.

 

Varova (www.Varova.nl) is a Dutch entrepreneurial investor that focuses on revitalisation of mid sized companies in manufacturing and wholesaling of consumer goods and industrial products. Since its start in 2004 Varova has acquired 14 companies, among which several former Philips companies and a leading French/Belgian candy manufacturer.

For more information please contact Phil Griffiths – Tel: 01244 341298 or E-mail: philgriffiths@CSiportal.com or visit our website www.CSiportal.com