DutchTecSource joins Sticomax

Transaction summary

AMSTERDAM, August 27, 2024 – DutchTecSource (“DTS”), based in Beusichem, has joined forces with Sticomax, a new group consisting of leading players in the manufacturing of processing machines for the food industry and headquartered in West Flanders. Sticomax has been active with the acquisitions of several industry peers over the last couple of years, thereby establishing a leading position in the consolidating sector.

With this transaction, Nordian is selling its majority stake in DTS, which will continue to operate under its own brand and management within the new group. Over the past few years, DTS has been strengthened across the board in partnership with Nordian. Among others, significant investments and improvements have been made in areas such as R&D, sales, and finance.

DTS, a globally renowned company in the food industry, has been designing and manufacturing machines, conveyor systems, and complete processing lines for the potato, vegetable, fruit, and mushroom processing industries for over 30 years. DTS has earned a strong reputation thanks to its expertise in the screw blanching technology, which is also applied in thermal processes.

With this acquisition, Sticomax has strengthened its overall offering and market position. Over the years, DTS has proven itself to be a reliable and innovative partner for many food producers. Its advanced technologies and products, particularly in the areas of screw conveyor systems, blanchers and mushroom processing, perfectly complement Sticomax’s existing solutions. This strategic step enables DTS to continue its path of international organic growth.

Press release: Nordian

Emendo Capital acted as financial adviser to the shareholders of DutchTecSource..

About DTS

Founded in 1997, DTS is a leading manufacturer and developer of customized, innovative machines and production lines for the potato-, fruit-, mushroom-, other vegetables- and seafood processing industries.

For additional information on DutchTecSource, visit https://www.dtsbv.nl/

About Sticomax

Sticomax is the holding company of a Benelux group of firms active in the food processing sector and is backed by Vybros Capital Partners. The group is comprised of Stumaco, Intocon, Romonta, ViwateQ and the newly added DutchTecSource.

For additional information on Sticomax, visit https://www.vybroscapital.be/