NEWS RELEASE
SPX FLOW Agrees Deal with Primodan for the Acquisition of SPX® FLOW’s Yellow Cheese-Making Technology
SPX FLOW, through its Danish subsidiary SPX Flow Technology Danmark A/S, has signed an agreement with Primodan A/S for the transfer of SPX FLOW’s yellow cheese activities and technologies. The technology, which includes curd making, pressing and final brining systems, offers an innovative cheesemaking solution.
Primodan is a Danish-owned company which designs, manufactures and supplies plants and equipment for the dairy and food processing industry. It excels in the design and supply of white cheese plants, as well as filling and packaging machines for premade containers for markets worldwide. The acquisition of SPX FLOW yellow cheese-making technology presents new opportunities and expansion of its current cheese-making plant business.
Jan Olsen, Food & Beverage Director, Business Transformation in Europe, Middle East and Africa at SPX FLOW, said: “The agreement transfers some excellent technology to Primodan, which is itself a leader in cheese production. New yellow cheese plants are not part of our core growth strategy and the sale of this portion of our business makes sense for both companies and our customers.”
The specific equipment included in the sale includes the CurdMaster, used to produce cheese curd from cheese milk; the OPD PrePress System, for batch draining, pre-pressing and cutting of cheese curd; and the SaniPress system, for final pressing and handling of hard and semi-hard cheeses. These machines have been proven to offer excellence in performance and efficiency across a range of cheese types.
As part of the agreement with Primodan, SPX FLOW will continue to provide aftermarket service for customers with existing yellow cheese plants until the end of 2021. Primodan will continue to use other advanced SPX FLOW technology, including valves and pumps and other innovative process components and support, in new cheese plants designed and manufactured at their facilities.
Simon Servé Jensen, CEO at Primodan, said: “The purchase of the SPX FLOW yellow cheese-making business is an exciting opportunity for us, and one that fits well with our current technology portfolio. We have a long-standing relationship with SPX FLOW and are looking forward to this continuing into the future for the benefit of all our customers.”
Jan concluded: “Our relationship with Primodan has been long and fruitful. This sale marks a new period in our collaboration. This is a good step for our customers in the yellow cheese sector, who we know will be in good hands with Primodan going forward.”
About SPX FLOW, Inc.:
Based in Charlotte, North Carolina, SPX FLOW, Inc. (NYSE:FLOW) innovates with customers to help feed and enhance the world by designing, delivering and servicing high value solutions at the heart of growing and sustaining our diverse communities. The company's product offering is concentrated in rotating, actuating and hydraulic technologies, as well as turn-key systems, into the food and beverage, industrial and power and energy end markets. SPX FLOW has approximately $2 billion in annual revenues with operations in more than 30 countries and sales in more than 150 countries. To learn more about SPX FLOW, please visit www.spxflow.com.
CONTACT DETAILS:
Claire Cole
Marketing Communications Manager EMEA - Food and Beverage
SPX FLOW, Inc.
Tel: +44 1293 574238