Haarslev acquires C.A. Picard screw press technology division
Transaction signed October 30
As part of the overall strategy and to strengthen the after sales and service business areas, Haarslev Industries has acquired C.A. Picard’s screw press technology division. In the US, it will be merged into Haarslev Industries Inc. After the transaction, C.A. Picard Engineering GmbH & Co. KG will be renamed as Haarslev Press Technology GmbH & Co. KG in Germany.
“This acquisition supports Haarslev’s strategy to continue to strengthen our after sales and service division," says Claus Ã˜stergaard, president and CEO of Haarslev Industries A/S. "With the acquisition of the screw press technology division we will increase our product know-how within screw press applications and at the same time broaden our worldwide coverage for after sales and service.”
With the acquisition of the screw press technology division and their presence in the US market from C.A. Picard, Haarslev will be able to provide its customers with better service and stronger screw press application know-how, according to Hans-Henrik Nissen, president of Haarslev Industries. "All in all, to help our customer to reduce their down time and in the same time increase their yields," he said.