Victus Participations has invested in Contronics, an innovative company specializing in technology to reduce food waste in the food sector.
Information on the Target
Contronics is an engineering company based in Sint-Oedenrode, Netherlands, specializing in providing innovative solutions to combat food waste. The company offers supermarkets and other players in the food sector its proprietary technology known as 'Dry Misting,' which utilizes ultrasonic humidifiers to preserve the freshness of fruits and vegetables. This technology has been proven effective in enhancing product hydration and extending shelf life, thus significantly reducing food waste.
Active in 30 countries, Contronics aims to expand its international presence in the coming years. The commitment of the company's leadership, particularly CEO Frank Bakker and his business partner Feitse van der Zouw, emphasizes their dedication to reducing food waste by 50%, with a cooperative approach to future growth in partnership with investors.
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Industry Overview in the Netherlands
The food and agriculture sector in the Netherlands is renowned for its innovative practices and commitment to sustainability. As one of the largest exporters
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Victus Participations
invested in
Contronics
in 2023
in a Other Private Equity deal
Disclosed details
Equity Value: $90M