Buhler acquires Schmidt-Seeger

by World Grain Staff
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UZWIL, SWITZERLAND — Buhler announced on Sept. 22 that the acquisition of Schmidt-Seeger has been approved by the German Federal Cartel Office without any restrictions. Both companies said they are highly satisfied and look forward to achieving the envisioned global growth targets together.

Buhler said the strategic acquisition of Schmidt-Seeger creates a global corporate unit for Grain Management and Malting. In the future, the customers of Buhler and Schmidt-Seeger will be able to purchase even better, and in particular, integral solutions along their value chains from a single source. This allows a significant contribution to be made to the quality assurance and retraceability of foods.

Schmidt-Seeger, which is headquartered north of Munich in Beilngries, Germany, operates additional production sites in Döbeln, Germany and in Delhi, India. Schmidt-Seeger operates on a global scale as a plant supplier in the field of Grain Management. The company has proven know-how in the areas of drying, storage and handling of grain as well as in the field of malting.

Schmidt-Seeger will be integrated as an affiliated company into Buhler’s Grain Processing division. The site in Beilngries will be expanded into a global Buhler Grain Management center. Buhler said no job cuts are planned in connection with the acquisition. A joint integration team has already started work. In the coming months, it will forge ahead with the concrete steps of rapid strategic and operational merging of the two organizations.

The contracting parties have agreed not to disclose the purchase price.