Heat and energy aims drive Imtech Scandinavian expansion
The company told FoodProductionDaily.com that the acquisition of Nordic-based group Sundsvalls Rörteknik, a speciality provider of mechanical engineering solutions, will significantly ramp up the services it can offer to manufacturers.
Peter Koenders, cooperate communications manager for Imtech says that move reflects the company’s wider aims to meet wider expansion targets up to 2012, both through organic growth and acquisitions.
Koenders claims that Imtech’s activity in the Nordic region was currently limited, despite markets like Finland and Sweden offering potentially major growth for the company to focus on.
In terms of supplying equipment and services to improve efficiency for food manufacturers, the company says it already has experience in major European market like the Netherlands and Belgium, but hopes to now target more specific manufacturing needs in Scandinavia.
Upon completion of the deal, of which a price has not been disclosed, Sundsvalls Rörteknik will be incorporated into Imtech’s daughter company NVS in attempts to extend its competency in providing solutions for production efficiency.
“[NVS’] range of services includes, high-tech energy-saving combining heating and power systems as well as numerous other technical solutions for heating and energy,” states Imtech. “With the growing demand for energy efficiency, this market is growing substantially."
Beyond offering specific products, Koenders says Imtech will work to maintain its focus on supplying products on a local basis, working individually with manufacturers to find more efficient systems for heating and energy use.
He adds that, in the event where certain technical know how may be missing or required for operations, it would share knowledge across geographic regions throughout Europe. However, Koenders stresses the latest acquisition was focused predominantly in meeting challenges unique to Scandinavian processors.