Multivac’s German business Multivac Sepp Haggenmüller SE & Co. KG has acquired a 49.9% share in machinery company TVI.
The companies will place focus on integrating and linking TVI’s products and Multivac’s packaging machines into complete lines.
Multivac has described the acquisition as a “strategically important step in being able to offer, in future, complete production lines from one source.”
Multivac has also announced that the companies will also jointly invest in a new production and office building in Bruckmühl, Germany, which is due to be opened at the start of 2018.
Founded in 2004, TVI provides equipment for portioning and further processing of meat. Its product range includes solutions for tempering, pressing and portioning, as well as equipment for winding grill sticks and manufacturing kebab skewers.
TVI will continue to be run as an independent company by joint partners and managing directors, Michel Anton and Thomas Völkl, and CEO Boris Bachmeier.
This story was originally published on a previous version of the Meat Management website and so there may be some missing images and formatting issues.
