BWL Maskin AS has been acquired by FOODTECH Gruppen AS
The private shareholders of BWL Maskin AS have sold the company to FOODTECH Gruppen AS.
BWL Maskin supplies machinery, equipment and services to the Norwegian food processing industry, mainly meat processors, fish, poultry, vegetables, fruits and baked goods. “Growth is part of our strategy, and this merger will benefit both companies by improving conditions and securing the employees,” said Managing Director, Ivar Holtet, and majority shareholder, Per Welin-Larsen.
FOODTECH Gruppen AS is one of the market leaders within technical equipment for food processing in Norway. The company's products include commercial kitchen equipment, machinery to grocery stores, bakeries and kiosks, as well as industrial bakeries and related industry.
“In cooperation with BWL, we will establish a position to serve the entire food processing industry. BWL has a sound track record, dedicated employees and a good portfolio of exclusive distributorship agreements, and this will complete our value chain,” said Per-Erik Ellefsen, FOODTECH's Managing Director.
Oaklins' team in Norway advised the seller in this transaction.
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