The acquisition will boost ProMach’s position in processing equipment, expand its international presence in the retort segment and strengthen its production and supply chain partnerships
US-based packaging solutions provider ProMach has announced the acquisition of retorts, pasteurising tunnels, and associated product handling automation systems maker Ferlo.
Spain-based Ferlo designs these systems to offer shelf-stable food products with expanded shelf life.
The acquisition will boost ProMach’s position in processing equipment, expand its international presence in the retort segment and strengthen its production capacity and supply chain partnerships.
ProMach said that Ferlo designs sterilisation systems to meet the requirements of clients in the food and pharmaceutical industries.
The product portfolio includes various autoclaves and pasteurising tunnels for heating and sterilising food, liquids, and pharmaceutical items. The firm also provides a variety of delivery systems for handling different package kinds and manufacturing procedures.
ProMach’s current portfolio includes product brands Allpax and Stock America with complementary retort room offerings. Ferlo also serves the global market outside of North America with systems installed across Europe, South America, South Africa, the Middle East, India, and Asia.
ProMach president and CEO Mark Anderson said: “Ferlo’s significant presence and strong customer relationships outside North America make it a great fit with our existing business.
“They’ve built a tremendous brand reputation serving many large global companies, and it’s exactly what we need as we continue to expand internationally.”
As per the deal, ProMach will retain Ferlo and its entire staff under ProMach’s Handling & Sterilizing business line. Rafael Lopez, the current president and owner of Ferlo, will work for ProMach as vice president and general manager of Ferlo.
The packaging firm also announced that it will continue investment in Ferlo’s team, brand, products, services, facility, distribution relationships, and research and development to further advance its position in processing technologies.
Rafael Lopez said: “Working with ProMach’s product brands firsthand over the years, I’ve witnessed their ability to execute time and time again and win large projects.
“The number of orders we’ve fulfilled for Allpax and Stock America speak for themselves.”
In June this year, ProMach acquired Italy-based flexible packaging machinery maker Reepack.