The group, which includes filling and portioning specialist Handtmann Maschinenfabrik in its portfolio, said the deal would allow the “realisation” of automated production lines across several process steps.
Handtmann said it had identified a number of fields outside its core market of meat processing as a result of the acquisition. At the same time, the international sales and service capabilities of both companies would be strengthened, it added.
Machinery for sausage production
In addition to its mixing and emulsification offer, Inotec manufactures tying and separating machinery for sausage production.
Handtmann director Thomas Handtmann said customers would receive “significant added value” as a result of the deal.
“Moreover, we have identified synergies for the development of additional fields of application outside the meat processing industry. Both business units and, above all, our customers will benefit from it,” he added.
Inotec’s current management team is to remain in place.
‘Successful sales cooperation’
Inotec managing director Frank Gekeler said: “Handtmann and Inotec have already had a successful sales cooperation in the US and Canada since 2017, and since last year also in Russia.
“The products complement each other very well and the philosophies of both companies are on the same wavelength when it comes to quality, innovation and culture.
“Being part of the Handtmann Group thus lays the foundation for Inotec’s positive long-term development, offering excellent prospects both for our customers and our employees as a result.”
Founded in 1988, Inotec employs around 270 people at four locations – Reutlingen and Herzebrock-Clarholz in Germany, Hluk in the Czech Republic, and the French town of Saverne.
The takeover is subject to approval by the German competition law authorities.