Pritzker Group acquires Intersystems
Jan. 16, 2013
by World Grain Staff
CHICAGO, ILLINOIS, U.S. — The Pritzker Group announced on Jan. 15 that it acquired Omaha, Nebraska, U.S.-based Intersystems, a leading designer and manufacturer of specialized material handling equipment serving the global agriculture industry.
The company’s products can be found in grain elevators, grain processing plants, feed mills, rail loading sites and ports in over 30 countries worldwide. The entire Intersystems management team invested alongside The Pritzker Group and will continue to lead the company. The company was purchased from private investors for an undisclosed price.
"We see great opportunities for Intersystems in the world grain and feed markets," said Tom Schroeder, Intersystems chief executive officer. "The resources of The Pritzker Group will ensure our continued growth by helping us add new products and services to better meet the needs of our customers."
"Intersystems has grown significantly under Tom and his team’s stewardship, and we are proud to partner with them," said Michael Barzyk, vice-president of The Pritzker Group. "Intersystems serves as a great example of our strategy to invest in leading companies serving the global agricultural market."