Gulftech acquires ABL, S.p.A, expands into fresh-cut produce market
ABL manufactures fruit processing equipment.
Gulftech International, Inc., Denver, Colo., acquired ABL S.p.A., an Italy-based manufacturer of fruit processing equipment.
“ABL’s award-winning innovative designs, outstanding product quality and reputation as a family-owned and operated business in the fruit processing industry made them a very attractive integration for Gulftech,” says Steven Ferrell, chief executive officer of Gulftech. “The investment in ABL represents an important expansion of Gulftech’s capabilities, significantly growing our presence in the fresh-cut market segment. We could not be more excited to partner with Carlo, Daniela, Luca and the entire ABL organization. Together, we will provide customers a broader portfolio of products and services, and deeper engineering capabilities for future product development.”