Grain & Protein Technologies to acquire Munters FoodTech’s agribusiness equipment operations in strategic growth move

Grain & Protein Technologies, a global leader in grain storage, seed processing, and protein production equipment, has announced a definitive agreement to acquire the agribusiness equipment operations of Munters FoodTech, a business division of Sweden-based Munters AB. The acquisition is expected to close in the second quarter of 2025, pending customary regulatory approvals and closing conditions.

This acquisition marks a pivotal step in Grain & Protein Technologies’ strategy to expand its footprint in the controlled environment agriculture sector, diversify its product offerings, and strengthen its position in the global protein production equipment market. The move reflects the company’s commitment to meeting the growing demand for advanced agribusiness solutions driven by population growth, rising global protein consumption, and sustainability trends.

Strategic acquisition to enhance protein production capabilities

Grain & Protein Technologies’ decision to acquire Munters FoodTech’s agribusiness equipment operations aligns with its long-term growth strategy focused on expanding its portfolio of protein production equipment and controlled environment solutions. The acquired business, with over 70 years of industry expertise, specialises in critical air quality, ventilation, and temperature control technologies designed for the poultry and swine industries.

The acquisition will enable Grain & Protein Technologies to strengthen its capabilities in delivering innovative equipment solutions tailored to the needs of modern agribusinesses. Munters FoodTech’s operations span 86 countries, offering advanced technologies such as ventilation systems, cooling units, fans, and heaters that are vital for maintaining optimal environmental conditions in livestock farming and greenhouse operations. These solutions will complement Grain & Protein Technologies’ existing offerings, enhancing its ability to support farmers and agribusinesses globally.

Capturing growth opportunities in controlled environment agriculture

The acquisition is set to position Grain & Protein Technologies as a more dominant player in the controlled environment agriculture sector, a rapidly expanding industry driven by the need for sustainable food production. Controlled environment agriculture focuses on optimising growing conditions for crops and livestock, improving resource efficiency, and increasing yields while reducing environmental impacts.

Grain & Protein Technologies aims to leverage the expertise and global reach of Munters FoodTech’s agribusiness equipment division to capture new market opportunities. The company’s focus on protein production equipment will allow it to address the rising demand for efficient, sustainable protein sources, particularly in emerging markets where population growth and income levels are driving increased protein consumption.

Furthermore, the acquisition will diversify Grain & Protein Technologies’ revenue streams by expanding its presence in the protein segment, which is benefiting from secular tailwinds such as lower feed costs, technological advancements, and shifting dietary preferences toward high-protein foods.

Driving innovation and sustainability in agribusiness equipment

The integration of Munters FoodTech’s agribusiness equipment operations is expected to accelerate Grain & Protein Technologies’ efforts to develop innovative, sustainable solutions for the global agribusiness sector. The company is committed to advancing smart technologies that enhance productivity, efficiency, and profitability for farmers and agribusiness managers.

With sustainability becoming a key focus in agriculture, Grain & Protein Technologies plans to utilise Munters FoodTech’s advanced climate control technologies to support environmentally friendly farming practices. These solutions will help reduce energy consumption, optimise resource use, and minimise environmental impact, aligning with global sustainability goals and regulatory requirements.

This strategic investment also highlights the growing importance of controlled environment agriculture as a solution to the challenges posed by climate change, resource scarcity, and food security. By combining its expertise with Munters FoodTech’s capabilities, Grain & Protein Technologies aims to play a leading role in shaping the future of sustainable food production.

A global leader with a strong growth trajectory

Grain & Protein Technologies is a globally recognised company with operations in over 100 countries and 14 manufacturing facilities across North America, Brazil, Europe, and Malaysia. The company generates approximately $1 billion in annual revenue and employs more than 3,200 people worldwide. Its portfolio includes industry-leading brands such as GSI, Cumberland, AP, Tecno, and Cimbria, which are known for their reliability, durability, and innovation in agribusiness equipment.

The acquisition of Munters FoodTech’s agribusiness equipment operations is expected to enhance Grain & Protein Technologies’ competitive edge, enabling it to deliver comprehensive solutions that meet the evolving needs of the global agribusiness industry. The company’s strong market presence, coupled with its focus on technological innovation and sustainability, positions it for continued growth in the years ahead.

Expert insights on the agribusiness outlook

Industry experts believe that the acquisition reflects broader trends in the agribusiness sector, where companies are increasingly focused on consolidation, technological innovation, and sustainability. The integration of climate control technologies into protein production equipment is seen as a key driver of efficiency and productivity in modern farming operations.

Experts also note that controlled environment agriculture is becoming a critical area of investment as agribusinesses seek to mitigate the risks associated with climate variability, resource constraints, and supply chain disruptions. Companies that can offer integrated solutions for controlled environments are likely to gain a competitive advantage in the global market.

The acquisition is expected to create new opportunities for Grain & Protein Technologies to expand its customer base, strengthen its supply chain, and drive operational efficiencies. By leveraging the synergies between its existing operations and Munters FoodTech’s expertise, the company aims to achieve long-term growth and deliver value to stakeholders.