
PRESS RELEASE: Investindustrial to acquire Kiremko, Idaho Steel and Reyco
Investindustrial has agreed to acquire Kiremko, Idaho Steel and Reyco, forming a leading global group in customized food processing equipment. With a strong focus on potato processing systems, the Group serves over 300 customers in 50+ countries, generating more than $200 million in annual sales. Backed by Investindustrial’s industrial expertise, the partnership aims to accelerate global growth, innovation, and integration, positioning the companies for long-term leadership in the food processing industry.
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