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Investindustrial VIII SCSp has agreed to acquire Kiremko Group B.V., Idaho Steel Products, Inc., and Reyco Systems, Inc., a group of food processing equipment manufacturers focused on potato processing systems. The group generated over $200 million in sales in 2024.
Investindustrial has entered into an agreement to acquire Foodera Technologies, a leader in customized food processing equipment, including Kiremko, Idaho Steel, and Reyco. The deal aims to build a leading global food processing equipment platform.