# SANOVO TECHNOLOGY GROUP makes strategic investment in Ovotrack

SANOVO TECHNOLOGY GROUP decided on a strategic investment in Ovotrack Holding BV, a supplier of traceability and inventory management solutions for egg grading centers, processing plants and hatcheries. Ovotrack will continue to operate independently.

- Type: Acquisition
- Announced: 2020-05-14
- Status: announced
- Products: traceability and inventory management solutions
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [SANOVO TECHNOLOGY GROUP](https://endata.com/companies/47245.md) (acquirer)
- [Ovotrack Holding BV](https://endata.com/companies/47246.md) (target)

## Sources

- [wattagnet.com](https://www.wattagnet.com/home/article/15531036/sanovo-and-ovotrack-agree-on-strategic-alliance-wattagnet), 2020-05-15: "The market has changed and become mature in the last decade."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.