Acquisition of Trecom strengthens position in sustainable process technology market

Gouda - Imtech N.V. (technical services provider in Europe) announces that it has acquired the industrial process automation specialist Trecom. Trecom has approximately 20 employees and realises annual revenues of more than 2 million euro. This acquisition will immediately contribute to earnings per share and will enable Imtech to strengthen its position on the international market for process technology. Industrial clients are more often seeking energy-efficient solutions. Imtech and Trecom can together take advantage of this demand and offer sustainable total solutions.

Imtech CEO René van der Bruggen: ‘Imtech is globally active in providing high-tech industrial drying solutions. Trecom provides the automation core of these solutions. Trecom and Imtech have worked together for decades. Together with Trecom Imtech can better meet the large demand for sustainable industrial automation solutions in the global drying industry.’

Trecom’s Profile
Trecom, which is based in Amersfoort in the Netherlands, is specialised in complex industrial automation concepts for machines and industrial production lines. Trecom designs the operational functionality and all the software, takes care of the electrical infrastructure and integrates this total solution into the client’s production process. The company possesses a broad range of logistical software licences. Trecom’s total solutions are the core of many industrial production processes. Trecom is active worldwide. Trecom is more often developing specific solutions that lead to a considerable reduction in energy consumption.

Many years of co-operation with Imtech
Trecom has worked with Imtech for more than 20 years, specifically with the Imtech subsidiary Ventilex and its DryGenic business unit, both of which are specialists in the area of innovative drying technology (thermal-physical process technology: high-tech fluid bed dryers, belt dryers, air filtration systems, dehumidifiers and decontamination systems). Trecom, Ventilex and DryGenic form a triad in the global market for minerals, chemicals and energy, as well as in the pharmaceutical and food industries. A large number of innovative and sustainable drying solutions are being worked on together for projects including the drying of sand, salt, breadcrumbs, PVC and biomass. Clients include Unilever, Eneco, DSM, Koopmans, Cantillana, Knauf, Quickmix and Saint Gobain, among others.

Synergy
With this acquisition Imtech is formalising the co-operation that has already been developed. Trecom will join Ventilex and DryGenic to form part of the International Industrial business unit of Imtech Nederland. Together with more than 100 employees, these Imtech subsidiaries will further specialise in high-tech sustainable drying solutions for global industries. This fits in well with Imtech’s growth strategy for 2015, which, among other goals, is geared towards increased international expansion in specific industrial technology areas.