SUBSCRIBE

Breaking News on Global Meat Trading and Processing

Headlines > Financial

Read more breaking news

 

 

OctoFrost Group buys Dutch Innotec Systems

Post a comment
Oscar Rousseau

By Oscar Rousseau+

18-Jul-2017
Last updated on 18-Jul-2017 at 17:46 GMT2017-07-18T17:46:32Z

Octofrost CEO Rasmus Larsoon said the deal puts the business closer to its customers
Octofrost CEO Rasmus Larsoon said the deal puts the business closer to its customers

A Sweden-based manufacturer of machinery tunnels used to quick-freeze bulk meat products has acquired Dutch Innotec Systems for an undisclosed sum.

OctoFrost Group has bought the 20-person strong Dutch outfit as it aims to become a bigger player in the global supply of complete individual quick-freezing food processing lines.

Ruben Larsson, founder of OctoFrost Group, said the takeover was a big step forward for both companies: “Taking over Innotec was our natural response to the needs of the market. This brings a number of advantages for food processors and the most significant one is that, from now on, there will be no further discussions [on] whom has all the responsibility [to ensure] the good operation of the complete line; it is us.

‘Optimise’ processing

OctoFrost and Innotec Systems have worked together for a long time, installing food-processing lines around the world. Both companies were focused on thermally treating an array of food products, including meat and poultry, and the takeover now brings operations under one roof, figuratively speaking.

OctoFrost Group CEO Rasmus Larsson spoke about how the company’s acquisition of its long-time partner will both deepen and broaden the expertise in food processing application and thermal treatment.

We can now optimise the entire processing line for the best final result, highest yield, lowest energy consumption to bring the highest value to our customers. Our after-sales activities also benefit from the scale-up in the organisation, and we can be closer to our customers.

An OctoFrost spokesperson told this site the deal was not subject to regulatory approval, as it did not interfere with EU competition laws.

Post a comment

Comment title *
Your comment *
Your name *
Your email *

We will not publish your email on the site

I agree to Terms and Conditions

These comments have not been moderated. You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment. Any comment that violates these terms may be removed in its entirety as we do not edit comments. If you wish to complain about a comment please use the "REPORT ABUSE" button or contact the editors.

Related products