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New Deal


Announced

Completed

DSI Freezing Solutions completed the acquisition of Cryogenic Equipment and Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Belgium

Single Bidder

refrigeration equipment

Majority

Private

Friendly

Electronic Equipment: Other

Acquisition

Cross Border

Completed

Synopsis

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DSI Freezing Solutions, an international company specialised in developing, designing and manufacturing exclusive automatic plate freezers and handling equipment to freeze fish, seafood, meat, poultry, fruit, vegetables, animal food, liquids & ready meals, completed the acquisition of Cryogenic Equipment and Services, a Denmark-based plate freezing technology company. Financial terms were not disclosed. “With these two new strategic acquisitions, DSI has become the only global player that can offer the food industry the full range of freezing technology as well as a broad choice of solutions for cooling and heat treatment of food. We look forward to getting even closer to our customers thanks to our strong production and service setup in Europe, the US and Asia. About half of our customers use several different types of freezing technology, which they can now get from a single supplier," Lars Priess, DSI Freezing Solutions CEO.

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