Grote Company, an industrial food slicing and assembly equipment manufacturer, has announced its acquisition of Precision Food Innovations (PFI), a manufacturer of sanitary conveying equipment, from Precision, Inc. Effective August 13, 2021, the addition of PFI will further support Grote’s and its fully owned subsidiary Vanmark’s customers in automating its processing lines with sanitary conveying equipment.
“The acquisition of Precision Food Innovations greatly enhances our sanitary conveyance capabilities, complimenting the processing equipment offered by our two brands, Grote and Vanmark,” says CEO Bob Grote. “Their history, expertise, quality, and relentless customer focus dovetails precisely with how our family-run business operates. The additional talent and capacity afforded by PFI’s two operations allows us to deliver more complete solutions to our customers worldwide. I welcome PFI to the ever-growing Grote team.”
- Fulfills a need from Grote and Vanmark customers for sanitary conveying solutions to connect our renowned processing equipment.
- Aligns long-standing food processing equipment manufacturers with similar histories and cultures.
- Advances Grote Company’s global footprint and capability within our food processing customer’s plants and processing lines.
- Contributes to Grote Company’s growth goals.
PFI’s operations and employee bases in Algona and Pella, Iowa and San Antonio, Texas will be unchanged as a result of the acquisition. Integration of the businesses will occur over the next several months.