Viltor, the majority owner of OctoFrost Group, congratulates OctoFrost on the announced acquisition of HiTec Food Systems, a Netherland-based expert in tailor-made food processing machinery. This strategic move enhances the group's capabilities and market position, furthering its mission to provide innovative, end-to-end food processing solutions.

The addition of HiTec's expertise in coating, frying, oil filtering, cooking, grilling and cooling complements OctoFrost's core strenghts in blanching, cooking, chilling and freezing. The combined entity will offer a comprehensive portfolio to meet diverse customer needs, now operating from three production sites in Sweden and Netherlands.

Erik Forslund, CEO of Viltor commented:

"This is an important step for OctoFrost in its journey to deliver even greater value to the global food processing industry. By integrating HiTec's expertise, OctoFrost can expand its innovation and operational capabilities. At Viltor, we are committed to supporting such transformative growth and congratulate both teams on this exciting new chapter."

The acquisition reflects Viltor's strategic focus on fostering innovation and long-term growth within our portfolio companies. HiTec will maintain its commitment to quality and innovation while benefiting from OctFrost's resources and global reach.

Viltor looks forward to supporting the collaboration between OctoFrost and HiTec as they set new benchmarks in food processing solutions, delivering exceptional value to customers worldwide.

About OctoFrost

OctoFrost is a globally recognized developer and supplier of industrial food processing solutions with a focus on heat treatment and freezing. The company's products are used to process a wide range of application areas and are designed with the customer's needs in mind. OctoFrost has global sales and customer service with installations in more than 50 countries and across 5 continents. Viltor became majority owner in OctoFrost in 2021 and further increased our ownership in 2024.

Read more about the acquisition from OctoFrost's official press release here.