German-headquartered bulk materials technology supplier Schenck Process has signed a deal to acquire Solids Handling and Process Engineering (SHAPE) of Thailand.
Financial details of the transaction have not been released.
SHAPE specialises in handling and processing solutions, including the discharge and handling of raw materials, inter process transfer and mixing, size reduction and sieving along with filling.
While Schenck said the acquisition is part of its strategic focus to extend its global footprint for food end-markets, it will also strengthen its APAC capabilities in the equipment sector as well, the company said, with great opportunities in Thailand as well as the entire Asia-Pacific region.
A closing date for the deal was not provided.
Source: Schenck Process