FoodeQ and Sticomax Join Forces
FoodeQ Engineering is being acquired by the Belgian machine builder Sticomax, which is the holding company for the businesses IntOCon (BE), StuMaCo (BE), Romonta (NL), ViwateQ (NL), and DutchTecSource (NL).
FoodeQ, a global leader in cutting-edge equipment, production lines, and turnkey solutions for the food sector, specializes in particular (vibrating) transport and process technologies. The strategic acquisition produces significant synergies and solidifies Sticomax's standing as a major global operator. As a result of the growth, the group has become one of the biggest suppliers of fully integrated production lines that are produced hygienically for the food industry.
One-stop-shop for the Food Industry
“We are delighted to welcome FoodeQ Engineering to our group. Their arrival not only strengthens our engineering and sales departments, thanks to the synergies within our group we offer customers in the food industry a genuine one-stop-shop, without sacrificing flexibility. Each unit retains its autonomy, allowing us to remain fast and agile and tackle complex projects in a fully integrated way. FoodeQ’s in-depth knowledge and experience perfectly align with our ambition to deliver innovative and efficient solutions to customers worldwide,” Lode De Boe, CEO of Sticomax, mentioned.
For FoodeQ Engineering, this acquisition further strengthens its operational strength and expands its market reach.
“We look forward to combining our expertise and technology with that of Sticomax. Together we can support our customers even better in their production processes,” Marinus de Bruijn, Sales Director of FoodeQ, added.
Sparring Partner and High-quality Services
The acquisition strengthens Sticomax’s position as a strategic partner in mechanical engineering for the food industry. FoodeQ Engineering continues to build on its strong foundation while Sticomax can support customers even better with growth and operational challenges.
“All companies within the group will maintain their customer relationships and continue to focus on high-quality services. The collaboration within the holding company will give customers access to in-depth expertise and innovative, efficient solutions. We offer not only advanced machinery and production lines but also a fully integrated service, from concept to delivery. Our experienced process engineers act as sparring partners and fully involve customers in realizing the safest and most hygienic production processes,” Lode De Boe declared.
Future-proof Growth and International Ambitions
With the help of strategic investment partner Vybros Capital Partners (VCP), the acquisition allows Sticomax to keep constructing a strong, future-proof business. Workers will gain from chances for professional growth, as well as the chance to broaden their knowledge, share it with others, and develop in a company that values creativity and teamwork.
With this merger, the group will grow to more than 200 employees and its turnover will exceed the 100 million euro mark.
“Sticomax Holding strives for robustness by focusing on strong product pillars and a broad geographic spread. Things are never bad in all sectors and all over the world. Thanks to this acquisition, we strengthen our leading role in mechanical engineering for the food industry and rank among the major players in the Benelux,” De Boe concluded.
