Intech’s acquistion of KM Fish Machinery brings with it new skills and products within the fishing sector, which perfectly complement Intech’s products lines and skills.
‘With the acquisition, we strengthen Intech’s position in the market even further, and we can offer several different solutions for both vessels and land based factories,’ said Intech CEO Kim Weidemann.
‘I definitely expect growth within existing as well as new segments. KM Fish Machinery has products that can be included into our projects immediately and with great advantages. At the same time, the collaboration also enables Intech to enter markets where we have not been represented previously. This includes shrimp peeling, fish gutting, warm water shrimp and farming, which are segments in which we see great future perspectives.’
KM Fish Machinery, owned and run by CEO Kaj Christensen and sales director Niels Kronborg Nielsen, has long been a leader in manufacturing process equipment for the fishing industry, including shrimp cookers, shrimp sorting machines and fish gutting machines.
Today, KM Fish Machinery develops equipment for fishing and shrimp vessels around the world, including the patented peeling machine for both shrimp and krill and the automatic tank maturing system for shrimp.
‘We are one of the leading manufacturers of process equipment for shrimp and fish processing on board vessels and land based factories, and with Intech’s acquisitions we can continue to deliver the absolute highest quality, but to a greater extent. To us, it has been a matter of increasing both knowledge and capacity,’ Kaj Christensen said.
‘Intech and KM Fish Machinery complement each other with good feedback. With the acquisition, we now have greater opportunity to develop more products for the benefit of our customers. In addition, as a major global player in the market, we can handle more and larger projects, which at the same time will be easier to complete and to higher customer satisfaction.’
‘I look very much forward to the collaboration, which I consider to be right for KM Fish Machinery. Our staff, Kaj, and I continue in the company, which creates stability and continuity for both employees and our many customers around the world,’ Niels Kronborg Nielsen said.
Intech has expanded significantly in recent years and has established subsidiaries in both Norway and Germany as well as service department in the US.
For Intech’s CEO, Kim Weidemann, the acquisition of KM Fish Machinery is an important part of Intech’s continued growth. The company has a very clear and ambitious growth strategy, and management expects a doubling of Intech in 2025 compared to 2020.
‘With the acquisition, we strengthen Intech’s position in the market even further, and we can offer several different solutions for both vessels and land based factories. I definitely expect growth within existing as well as new segments,’ Kim Weidemann said.
‘I’m very proud and it is a huge milestone that Intech and KM Fish Machinery enter this collaboration, which will create synergies from day one. It fits like a glove for Intech’s growth strategy. We gain a lot of experience and competencies, which enables us to develop both machines and projects jointly for a market that we know exists, and we now have the capacity to make it happen,’ said Intech co-owner Leif Carøe Andersen
Above: Intech co-owners Carsten Trudslev (left) and Leif Carøe Andersen (right) with CEO Kim Weidemann. Image: Intech
