Strategic collaboration with strong synergies - SANOVO TECHNOLOGY PROCESS and SiccaDania Group
SANOVO TECHNOLOGY PROCESS and SiccaDania Group have as of today entered into a strategic collaboration with the common goal of offering customers an even broader and more coherent range of process equipment for the food, dairy and ingredient industries.
As part of the agreement, SANOVO TECHNOLOGY PROCESS has acquired a minority stake in SiccaDania Group, and Thomas Rubæk, Managing Director of SANOVO TECHNOLOGY PROCESS joins SiccaDania Group's Board of Directors.
In connection with the signing of the agreement, Michael S. Midskov, Chairman of the Board of SANOVO TECHNOLOGY PROCESS and Åge Landro, Chairman of the Board of SiccaDania Group, highlight the potential for the future collaboration: "As two specialized Danish companies with a global focus, we can create synergies by complementing each other both technologically and market-wise: SANOVO TECHNOLOGY PROCESS with strong competencies in horizontal spray-drying, SiccaDania Group with vertical spray-drying, while both companies have a broad product portfolio in process equipment."
Lone Høgholt, CEO of SiccaDania Group, is very much looking forward to the collaboration and says: "The collaboration makes it possible to offer more complete and tailored solutions – from raw material to finished ingredient product – without compromising on flexibility or specialization. At the same time, both companies retain their independent identity and continue to develop their own core products and customer portfolios."
Thomas Rubæk, Managing Director of SANOVO TECHNOLOGY PROCESS says: "We are seeing a clear demand for complete and integrated horizontal spray drying solutions – especially in ingredients and flavors, where the requirements for agility, quality and process control are high. Our strategic collaboration and ownership stake in SiccaDania Group enables us to deliver even stronger and more versatile solutions – still as two independent companies with their own core competencies."
