Germany-based Huttlin produces specialist drying and granulation equipment from powder to the production of pharmaceuticals.
The UK based Manesty specializes in tablet presses and coaters.
Bosch Packaging Technology, based in Waiblingen, Germany, has development and production facilities in 16 countries and markets its machines and systems for the pharmaceuticals, confectionery, cosmetics, food, and non-food industries worldwide.
Bosch Packaging Technology president Friedbert Klefenz said they support the strategic alignment of the division by complementing the upstream value-added chain.
"This is a further step toward expanding the division to become a service provider and this move complements our primary packaging portfolio," Klefenz said.
OYSTAR Group board of management chairman Tom Graf said by selling Huttlin and Manesty, OYSTAR is continuing its strategic focus on the primary and secondary packaging business.
The transaction is subject to approval by the antitrust authorities.