MULTIVAC will be acquiring a 49.9 percent share in TVI.
TVI is the market leader in meat-portioning machines and complete portioning lines. By acquiring this share, MULTIVAC is taking a strategically important step in being able to offer in future complete production lines from one source.
TVI was founded in 2004 and has since developed into the leading manufacturer of equipment for portioning and further processing of meat. TVI's high level of innovation is shown in its wide range of products. This includes solutions for tempering, pressing and portioning, as well as equipment for winding grill sticks and manufacturing kebab skewers.
In future TVI will - wherever sensible - use MULTIVAC's strong sales and service network and thereby develop new sales markets. TVI and MULTIVAC are convinced, that they can be even better partners to their mutual customers. Particular focus will be placed on driving forward the integration and linking of TVI's products and MULTIVAC's packaging machines into complete lines with the highest possible level of automation, efficiency and machine availability.
TVI will continue in future to be run as an independent company by Michel Anton and Thomas Völkl, its joint partners and managing directors, and by its CEO, Boris Bachmeier. This means that the company will continue to focus on further development.
Due to their strong expansion, TVI and MULTIVAC will jointly invest in a new production and office building with a Demonstration and Customer Center. The inauguration of the new site in Bruckmühl is planned for the period between the end of 2017 and the start of 2018.