Fowler Westrup India Pvt Ltd, a leading company in providing one-stop solutions for seed & grain processing with its range of equipment and machinery, announced the acquisition of Netherland-based Seed Processing Holland (SPH), a global leading producer of advanced seed processing equipment from H2 Equity Partners.
With this strategic acquisition, Fowler Westrup becomes the world’s leading seed and grain processing company and will serve its customers in the vegetable and field crop seed processing segments in different parts of the world with an extended product portfolio and innovative solutions. Additionally, the group can leverage Fowler Westrup’s global sales and service network, manufacturing footprint and engineering capabilities. Together, the combination will be at the forefront of modernising the seed processing industry, to further develop sustainability and improve automation in the sector.
Seed Processing Holland will remain located in Enkhuizen in the Seed Valley, and the existing management remains involved in the company and hence ensures continuity of business and company’s customer relationship. Seed Processing Holland and PSM complement each other well and will work closely together. This also applies to the collaboration with Westrup in Denmark and all other worldwide group entities including Fowler Westrup India.
Shardul Kshirsagar, CEO, of Fowler Westrup India, said, ″We are pleased to announce the acquisition of SPH; after the acquisition of Premium Seed Machines in the Netherlands, this is a logical step for us. With this acquisition, Fowler Westrup India, with its ″String of Pearls″ strategy, takes up a leading position in the industry to provide complete solutions to global seed companies. The high quality of SPH’s solutions reflects the company’s 57 years of dedication to seed processing. With our combined efforts and continued focus on innovation, we will be in a stronger position to transform the seed processing industry in partnership with our customers.″
Find this article at: http://news.agropages.com/News/NewsDetail---48665.htm | |
Source: | Agropages.com |
---|---|
Web: | www.agropages.com |
Contact: | info@agropages.com |