Grain & Protein Technologies (GPT), a global designer, manufacturer, and marketer of equipment for grain storage and handling, seed processing, and protein production, today announced the completion of its acquisition of Munters FoodTech Equipment. The acquired Munters business has been selling and servicing the Aerotech®, Euroemme®, and Reventa® branded products.
Jacob Thomas, CEO of Grain & Protein Technologies, said, “GPT is committed to building upon the strong legacy of the Aerotech®, Euroemme®, and Reventa® brands to continue delivering best-in-class climate control and air treatment solutions for the agribusiness sector. This investment in a heritage platform offers us a compelling opportunity to broaden our product portfolio and further strengthen our position in the Protein segment, which is benefiting from long-term growth drivers such as lower feed costs, population growth, and rising per capita incomes.”
Thomas added, “We are thrilled to welcome approximately 400 highly talented and dedicated Munters FoodTech Equipment team members around the world to the GPT family. Munters customers can expect the same high standards of quality and performance, with the same products, manufactured in the same facilities by the same people. Customers will continue to be solicited, serviced, and supported by the same sales channels and the same personnel.”
