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Bakery industry
Multivac takes over the Fritsch Group

Fritsch is a manufacturer of bakery equipment with its headquarters in the town of Markt Einersheim in Lower Franconia. The product range consists of high-performance equipment and groundbreaking technology for dough forming and processing. Fritsch offers the right solution for every size of company – from tabletop units to industrial-scale equipment. Premium bakery products are produced with Fritsch machines throughout the world.

With the takeover of the Fritsch Group, Multivac is complementing its range of solutions, so that in future it will also be able to offer complete production lines from one source to the bakery industry as well. “The takeover of Fritsch is another important step for Multivac in expanding our range of integrated solutions for processing and packaging food products. Thanks to the processing solutions from Fritsch, we will continue to extend our presence in the bakery industry, where we have already been able in recent years to implement some very challenging projects for automated packaging solutions,” explained Christian Traumann, Director and Group CFO of Multivac.

Fritsch was founded in 1926 and is currently under the ownership of the fourth generation of the Fritsch family. The company, which is based in Markt Einersheim, has developed over many decades into a very innovative manufacturer of bakery equipment. In 2018 Fritsch generated a turnover of around 80 million euros and currently employs approx. 600 staff. In mid April of this year Fritsch filed for insolvency. Fritsch is represented by its own subsidiaries in Russia, Poland, Great Britain and the USA, and it also has a worldwide network of sales and service partners, who ensure that it remains close to its customers. As a result of the takeover, Fritsch will become part of a strong Group, enabling it to continue its business operations for the benefit of its stakeholders and customers.

The integration of the company into the Multivac Group will begin immediately. The manufacture and development of Fritsch products will continue at its site in Markt Einersheim. Fritsch also has a Technology Center there, in which customer trials are carried out and customized products and recipes are developed. The company’s products will be sold via Multivac’s worldwide sales and service network. Investment will be made at Multivac’s subsidiaries in creating specialised sales teams for the bakery industry, so that in future it will be possible to offer customers integrated solutions for manufacturing and packaging bakery products.

In addition to the management in place, a Multivac management team will be appointed to run the company, and this will direct and develop the Fritsch Group as a stand-alone business. “We are very pleased at the successful takeover of the Fritsch Group, and we are also convinced that our management will make an important contribution to the recovery of the company. Fritsch is an industry leader in bakery equipment and has an excellent reputation in the market. Thanks primarily to the integration of Fritsch products in Multivac’s line solutions, we see great synergy potential, which will make a major contribution to the healthy development of Fritsch in future,” says Guido Spix, Director and Group CTO/COO of Multivac.

Subject to approval under cartel legislation, the takeover of the Fritsch Group will take effect on 01 August 2019.

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Customer engagement
Datalogic delivers frictionless checkout

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Datalogic delivers frictionless checkout

Datalogic is showing retailers how self-shopping delivers frictionless checkout and increases customer engagement!

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News story hub
Standing Up To Covid-19

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SIG has launched a new online story hub, featuring the latest activities and actions the company is taking as part of a global response to the ongoing Covid-19 pandemic. (Picture: SIG)
SIG has launched a new online story hub, featuring the latest activities and actions the company is taking as part of a global response to the ongoing Covid-19 pandemic. (Picture: SIG)

SIG has launched a new online story hub, featuring the latest activities and actions the company is taking as part of a global response to the ongoing Covid-19 pandemic. The story hub is now live at www.sig.biz and will be updated in the coming weeks and months as the company continues to act and respond to the new Covid-19 reality.

Since the start of the Covid-19 outbreak, SIG has been taking decisive action in a number of ways as individuals, communities and a global company. This has included immediate actions to protect its employees and customer supply chains, together with various community projects and donations in the regions it operates.

The new story hub has been designed to gather all these global efforts and initiatives into one easy-to-navigate platform with three main story themes: employee stories, food supply stories, and community stories.

Keeping people safe and secure

With health and safety its highest priority, SIG has been working to protect the health and wellbeing of employees across its plants, offices and facilities. This has included everything from immediately enacting a global pandemic preparedness plan and ensuring all employees adhere to the strictest hygiene guidelines, to working remotely when and where possible as well as organising social distance and online workouts.

“The safety of SIG employees is always our highest priority. Around the world, our local teams and task forces are not only following official guidance from all relevant health authorities. They’re often going above and beyond to protect the health and safety of colleagues throughout our plants, offices and facilities,” said Ian Wood, Chief Supply Chain Officer, and Leader of SIG’s Global Corona Response Team.

Ensuring food stays safe and available

In many countries where it has production facilities, SIG is among the businesses defined as critical infrastructure. This means the company can continue providing essential services to society at a time when reliable food supply is more important than ever. And to keep up with the current demand, SIG has been operating at near full capacity to ensure its customers can deliver a continuous supply of food and beverage products to consumers.

“All over the world, businesses have had to quickly change how they work, adhering to lockdowns and social distancing,” added Wood. “For those providing essential services for society, such as food and beverage companies, this has proved particularly challenging. So, at SIG, we’ve been doing everything we can to keep food supply running as normal.”

Serving communities for the better

During Covid-19, SIG has recognised that its contribution to local communities is more important than ever. As a result, the company has been carrying out and supporting a number of additional community projects. This has included donating face masks to hospitals and medical centres, providing essential food and hygiene items to disadvantaged families, and partnering with producers to deliver food and drink products to frontline healthcare workers.

“At SIG, we know the importance of being part of a community. And now more than ever, we need to continue providing community support where and when we can – from helping our healthcare heroes on the frontline to ensuring children in need receive essential food and aid packages during this time of uncertainty,” said Wood.

Read SIG’s Covid-19 stories at: https://www.sig.biz/en/company/standing-up-to-covid19/

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Axia Best Managed Companies
Multivac receives an award

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Multivac receives the Axia Best Managed Companies Award 2020

Multivac is a winner of the Axia Best Managed Companies Award 2020, a seal of approval that is awarded by Deloitte, WirtschaftsWoche, Credit Suisse and BDI to companies, which are judged to be outstandingly well managed. Christian Traumann, Group President of Multivac, accepted the award yesterday in Munich.

 Medium-sized companies are extremely important to the German economy. The Axia Best Managed Companies Award gives recognition to those medium-sized or family-owned companies based in Germany, which are judged to have exemplary management. The participating companies were able to qualify for the award through a multi-stage process. The evaluation was based on the four core areas of Strategy, Productivity & Innovation, Culture & Commitment, and Finances & Governance. The prize winners were then selected by a jury, consisting of well-known representatives from commerce, science and the media.

“As one of the prize winners, Multivac impressed the judges with its first-class company management – thanks to its great strength of innovation, its long-term strategic aims, and its very strong governance structures. Multivac is therefore not only the benchmark for outstandingly well managed medium-sized companies, it is also emblematic of the future of Germany as a major economic centre,” emphasizes Lutz Meyer, Partner and Head of the Program for Medium-Sized Enterprises at Deloitte.

“We are constantly striving to further optimise our business processes, and to align our range of products and services ever closer to the current requirements of the market and our customers,” said Christian Traumann, Group President of Multivac. “The award is therefore very pleasing as confirmation of our company strategy and the efforts of all our staff.”

Christian Traumann also stated, that a fundamental factor in the company’s success was the wide product range, which is constantly being adapted to the needs of the marketplace, and which extends from individual machines for small handcraft companies to fully automated production lines. These include solutions for a wide spectrum of applications – from food processing and packaging through to medical products and industrial items. The success of Multivac is also founded on the international nature of the company. Thanks to its 87 subsidiaries throughout the world, Multivac is not only able to stay closer to its customers and guarantee shorter delivery times, but also compensate for economic risks in some regions with new opportunities in others. And last but not least, as Christian Traumann summarised in conclusion, the high level of in-house vertical manufacturing also makes a major contribution to the company’s success.

The Axia Best Managed Companies (BMC) Program is a competition organised by Deloitte, WirtschaftsWoche, Credit Suisse and BDI in Germany, and it is a seal of approval for medium-sized companies. The vision is to build up a national and global structure of outstandingly well managed medium-sized companies. A significant and unique feature of the BMC is its international character: it was founded in the 1990’s by Deloitte in Canada, and it has since been introduced successfully in more than 20 countries.

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