DSI Freezing Solutions A/S, the Denmark-based market leader in plate freezing technology, has acquired Cryogenic Equipment and Services NV (CES) and Dantech Freezing Systems A/S (Dantech). Thereby it has created a new global player with the industry’s widest product range within industrial freezing, cooling, and heat treatment of food.
“With these two strategic acquisitions, we’ve become the only global player that can offer the food industry the full range of freezing technology as well as a broad choice of solutions for cooling and heat treatment of food,” says Lars Priess, CEO of DSI Freezing Solutions A/S.
DSI Freezing Solutions A/S (DSI) has expanded its portfolio with the acquisition of the Belgian company CES, an expert in cryogenic freezing, as well as Dantech, which is among the world leaders in mechanical freezing technology, especially spiral and tunnel freezers. As a result, DSI is now the only global supplier of all three types of freezing technology – creating significant synergies for both existing and future customers.
Despite the Covid-19 pandemic, DSI Freezing Solutions A/S achieved a top-line growth of +5% and a bottom-line growth of +10% in 2020, and expectations for the coming years are high.
“With our new setup and a total of around 300 employees, we expect a turnover of more than DKK 500 million in 2021,” says Lars Priess, adding: “We look forward to getting even closer to our customers thanks to our strong production and service setup in Europe, the US and Asia. About half of our customers use several different types of freezing technology, which they can now get from a single supplier.”