NL: Munters acquires Hotraco

Munters AB and its business area FoodTech has acquired Hotraco with headquarters in Hegelsom from Amsterdam-based family office Nedvest.

Munters' acquisition of Hotraco marks a step in its strategy to create a digital ecosystem built around data capture platforms and software that supports more efficient and sustainable food production.

Pia Brantgärde Linder, President of the business area FoodTech said: "The acquisition is fully in line with our digital strategy and supports our vision to provide insights driving optimization across the entire value chain to improve yield, sustainability, transparency and animal welfare."

Munters is building a comprehensive ecosystem centered on data capture platforms such as controllers, sensors, and IoT combined with advanced supply chain optimization software for AI-driven analytics.

"Hotraco's potential to boost its business performance significantly relies on securing livestock, crop storage, and horticulture projects worldwide. Additionally, the company's current size offers unique growth opportunities through the development of both existing and new sales channels, while also consolidating a dynamic presence in competitive target markets and regions."

"We are very pleased to have found a new owner for Hotraco and strongly believe that Munters is the right fit. The acquisition will provide exciting opportunities for management and the employees of Hotraco, with whom we have had the pleasure to work over the past years", said Jurriën Duijker, Investment Director of Nedvest.