M&A Deal Summary

Grain & Protein Technologies Acquires Munters - FoodTech Equipment Operations

On February 9, 2025, Grain & Protein Technologies acquired machinery company Munters - FoodTech Equipment Operations from Munters AB for 98M EUR

Acquisition Highlights
  • This is Grain & Protein Technologies’ 1st transaction in the Machinery sector.
  • This is Grain & Protein Technologies’ 0th largest (disclosed) transaction.
  • This is Grain & Protein Technologies’ 1st transaction in Sweden.

M&A Deal Summary

Date 2025-02-09
Target Munters - FoodTech Equipment Operations
Sector Machinery
Buyer(s) Grain & Protein Technologies
Sellers(s) Munters AB
Deal Type Divestiture
Deal Value 98M EUR

Target

Munters - FoodTech Equipment Operations

Kista, Sweden
Munters - FoodTech Equipment Operations manufactures and sells ventilation equipment for customers within livestock farming and greenhouses. The FoodTech Equipment offering includes fans, ventilation and cooling systems as well as production of CELdek (evaporative cooling pads). Munters - FoodTech Equipment Operations is based in Kista, Sweden.

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Buyer(S) 1

Buyer

Grain & Protein Technologies

Assumption, Illinois, United States

Category Company
Sector Machinery
DESCRIPTION

Grain & Protein Technologies is a global designer, manufacturer, and marketer of reliable, durable, and innovative equipment solutions for grain, seed, poultry, egg, and swine production. Grain & Protein Technologies is based in Assumption, Illinois.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2025) 1 of 1

Seller(S) 1

SELLER

Munters AB

Kista, Sweden

Category Company
Founded 1955
Sector Manufacturing
Employees2,160
Revenue 384M EUR (2013)
DESCRIPTION

Munters is a global leader in energy efficient air treatment solutions based on expertise in humidity and climate control technologies. Customers are served in a wide range of segments, the most important being food- and pharmaceutical industries.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-17 Geoclima

Ronchi dei Legionari, Italy

Geoclima manufactures air- and water-cooled chillers that offer energy-efficient air treatment and climate control solutions. Geoclima is based in Ronchi dei Legionari, Italy.

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