Provisur Technologies Acquires Leader in Autoloading Systems
Provisur Technologies, Inc., Mokena, Ill., acquired MultiTec, a Germany-based leader in autoloading systems. This acquisition further expands Provisur's global technology, sales, service and manufacturing base.
MultiTec designs and manufactures autoloading systems for food-slicing and packaging equipment. Complementary to Provisur's Cashin and Formax slicing product lines, MultiTec's technology broadens the company's ability to provide modular buffering, positioning, turning, in-liner and overlapping solutions to the global sliced foods industry.
"Increased competition for shelf space has created a need for more creative and appealing consumer packaging of sliced food, which in turn requires increasingly sophisticated autoloading equipment,” says Mel Cohen, chief executive officer of Provisur.
The management team of MultiTec, Gerd Stratenwerth and Jurgen Bialy, will join Provisur as business unit manager and engineering manager, respectively, of the company's newly-formed Autoloading Systems business unit.