The strategic combination creates a stronger global partner for french fry and potato flake processing solutions.
The group will reach approximately €400 million annual revenues, with a greater global reach, more advanced technical expertise and stronger ability to invest in automation and customer service, with operations across Europe, North America and South Asia.
Montfoort, June 22nd – A leading food processing equipment group held by an independently managed investment company affiliated to Investindustrial, and comprising the Kiremko, Idaho Steel and Reyco brands, has completed the acquisition of 100% of Tummers Group and Van der Giessen, bringing together highly respected specialist companies with complementary capabilities across the potato processing value chain. The acquisition marks an important step in building a stronger global platform for the food processing equipment industry. By combining Kiremko, Idaho Steel and Reyco’s deep expertise in frozen potato processing with Tummers’ expertise in fully integrated potato flake lines, drum drying technology, and related industrial solutions, and Van der Giessen’s expertise in equipment installation and on-site services, the enlarged group is now positioned to offer customers a broader portfolio of solutions, stronger innovation capabilities and expanded global support.
The combination will also accelerate the development of recovery solutions focused on water, waste heat and steam, helping customers improve resource efficiency, reduce energy consumption and lower total cost of ownership, while supporting the industry’s broader need for more sustainable and efficient processing technologies.
Together, the companies will form a broader and more integrated industrial group serving customers in both french fries and potato flakes, with greater technical expertise and a stronger ability to invest in automation, digital capabilities, global reach, stronger customer service and faster local responsiveness across Europe, North America and Asia.
“Today marks an important milestone for our customers, our associates and our future. With Tummers and Van der Giessen joining Kiremko, Idaho Steel and Reyco, we are bringing together complementary technology players in french fries and potato flakes applications into one stronger global group. Our ambition is clear: to be the partner customers trust for high-quality equipment, innovative solutions, reliable service and long-term value creation across the potato processing industry.”
“We are proud that Tummers and Van der Giessen are joining Kiremko, Idaho Steel and Reyco under the same group. Tummers has always been built on engineering expertise, customer commitment and practical innovation, and Van der Giessen brings valuable installation and on-site service capabilities that customers rely on. This combination creates exciting opportunities for our people and our customers, while preserving the values, relationships and technical strengths that have made our businesses successful.”
The enlarged group will continue to invest and build on the heritage of each company. Kiremko, Idaho Steel, Reyco, Tummers and Van der Giessen will remain valued specialist brands, carrying forward their technical expertise, customer relationships and strong reputations in the market, while continuing to create value for customers in their respective areas of expertise.
The Group will announce its new corporate name shortly. The new Group identity will support the group’s long-term growth and vision, while Kiremko, Idaho Steel, Reyco, Tummers and Van der Giessen continue to operate as trusted specialist brands.
The Industrial Group is a leading global provider of advanced technology, engineering, manufacturing, installation and aftermarket support for industrial food processors worldwide, with leading capabilities across french fry, formed potato, frozen potato and potato flake processing applications. The group comprises three brands, Kiremko (Netherlands), Idaho Steel (United States) and Reyco (United States), which together serve a diverse global customer base with more than 300 customers in 50+ countries, including leading multinational producers and key regional processors. The group employs 450+ employees out of three primary manufacturing facilities (1 in the Netherlands, 2 in the United States) with supporting sales and service offices in key geographies including India and China.
Tummers Group is a Netherlands-based provider of potato processing equipment, turnkey potato flake lines, drying technology, system integration and related industrial solutions. The company is known for its expertise in food processing systems, drum drying, sheet and other metal solutions, installation and service.
Van der Giessen is a specialist in design, production and installation of conveyor and pump systems, platforms and piping systems and brings expertise in equipment erection and installation, on-site services, supporting customers during critical project execution, commissioning and operational phases.
“The terms “group”, “Investindustrial”, “we”, “us” (and similar) in this document have been used only for practical ease of reading and do not intend to imply any specific reference to a legal definition or any activity of control by any individual or company with respect to other companies. Investindustrial companies are each independently managed by their respective boards of directors.”
External communication
dustin.tummers@tummers.nl
+31 164 614 070
External communication
sy@kiremko.com
+31 348 479 400