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Munters AB Acquires Hotraco

10/22/2024

Munters, a major manufacturer of ventilation equipment for agriculture and industry, has announced acquisition of Hotraco of the Netherlands.  This company develops control systems and sensors that are widely used in agricultural buildings including for poultry production.

 

In commenting on the transaction, Klas Forsstrom. President and CEO of Munters, stated, “The acquisition is fully in line with our digital strategy for the FoodTech and Munters agenda.  He added, “Hotraco is a perfect complement to our market leading offerings. 

 

Brantgarde Linder, President of the FoodTech business segment, stated, “The acquisition supports our vision to provide insight for optimization across the entire value chain to improve yield, sustainability, transparency and animal welfare.” He added, “Hotraco strengthens our European presence and expands the amount of data integrated into our ecosystem around the global food supply chain.”

 

Recently, Munters announced an equity position in U.S.-based AEI, a supplier of control equipment for egg collection and for control of ventilation.