CVC-backed Syntegon completed the acquisition of Telstar from Azbil.

CVC-backed Syntegon, a provider of intelligent processing, packaging, and service solutions, completed the acquisition of Telstar, an European Azbil subsidiary, from Azbil, a holding company active in building automation, advanced automation, and life automation segments. Financial terms were not disclosed. “Syntegon is world market leader in liquid vial filling and isolator systems. Together with Telstar, we will further enhance our portfolio of innovative technologies and sustainable solutions, strengthen our strategic growth, and expand our global reach,”Torsten Türling, Syntegon CEO.