MULTIVAC, Kansas City, Mo., acquired Germany-based FRITSCH Group.
MULTIVAC provides packaging solutions for numerous industries, including food processing, while the FRITSCH Group develops baking equipment.
The acquisition enables both companies to share engineering, technology and market strategies, and strengthens MULTIVAC’s global position for complete production lines for the food industry.
“The purchase of FRITSCH Group is another important step for MULTIVAC in expanding our range of integrated solutions for processing and packaging food products,” says Christian Traumann, director and CFO, MULTIVAC Group. “Thanks to the processing solutions from FRITSCH, we will continue to extend our presence in the baking industry, where we have already been able in recent years to implement some very challenging projects for automated packaging solutions.”
FRITSCH Group’s German manufacturing facility will remain open indefinitely, and be known as FRITSCH Bakery Technologies (FBT); FRITSCH equipment will be sold through MULTIVAC’s worldwide network.