Handtmann Group to acquire machinery provider Inotec
Inotec is a manufacturer of mixing and emulsification technology for the food processing sector as well as tying and separating machinery for sausage production. The company employs around 270 people at four locations in Germany, Czech Republic and France.
Subject to approval by the German competition law authorities, the merger is expected to enable the combination of automated production lines. “We thus offer our shared customers significant added value,” said company director Thomas Handtmann. “And at the same time, the international sales and service organisations of both companies will be strengthened. Moreover, we have identified synergies for the development of additional fields of application outside the meat processing industry. Both business units, and above all our customers, will benefit from it.”
Inotec will continue under the leadership of the current management team. Managing director Frank Gekeler of Inotec added: “Handtmann and Inotec have already had a successful sales cooperation in the USA and Canada since 2017, and since last year also in Russia. The products complement each other very well and the philosophies of both companies are on the same wavelength when it comes to quality, innovation and culture. Being part of the Handtmann Group of Companies thus lays the foundation for Inotec’s positive long-term development, offering excellent prospects both for our customers and our employees as a result.”
