On April 16th 2024, Krones has signed agreements leading to the acquisition of a 45% equity stake in Perfinox Industria Metalurgica S.A. (Perfinox). Based near Porto (Portugal), Perfinox is providing solutions for the preparation & preservation of high viscous food products such as hummus, ketchup, condiments and vegan food innovations. The applications include solutions for mixing, cooking and emulsification as well as pasteurization by using scraped surface heat exchangers.

Perfinox's expertise in the viscous food category will further strengthen Krones' diversification & resilience in the Process Technology segment. The participation in Perfinox will be consolidated at equity.

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Krones AG published this content on 17 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2024 14:33:02 UTC.