As of August 15th 2024, Viltor have increased its ownership in OctoFrost from a majority stake to 89%. This strategic acquisition further solidifies our commitment to the long-term success and growth of OctoFrost, a globally recognized supplier of equipment and solutions for heating and freezing in industrial food production.

The remaining 11% of OctoFrost is now owned by Rasmus Larsson, CEO of OctoFrost and family member of the founding family Larsson.

Having invested in OctoFrost in 2021, Viltor is excited about the opportunities this increased ownership presents, where all parties see multiple growth levers that can be activated, driving further innovation and expansion within the food processing industry.

"We are thrilled to increase our engagement with OctoFrost and Rasmus. This acquisition is a natural progression in our shared journey towards advancing food processing technologies that are not only innovative but also sustainable," says Erik Forslund, CEO of Viltor. Rasmus Larsson, CEO of OctoFrost, adds "The strengthened collaboration with Viltor allows us to capitalize on new opportunities and further our mission to provide cutting-edge solutions to our customers worldwide".

OctoFrost continues to lead the market with its energy-efficient and sustainable solutions, serving customers in over 50 countries on five continents. The company remains focused on its commitment to improving food quality and reducing waste through its advanced technology in heating, cooling and freezing processes.