Foss Analytics acquired 51% of Au2mate.

Foss Analytics, a Hillerød, Denmark-based company providing end-to-end solutions that secure and improve food quality, announced that the holding company N. Foss & Co. has become main shareholder in Au2mate through a purchase of 51% Au2mate shares from existing shareholders.

Financial details of the transaction remained undisclosed. Au2mate will continue to be led as a separate business entity, under the Au2mate name and brand.

Both founders will remain involved in the continued operations, with Carsten G. Jensen as CEO and Klaus Dam as business development director.

Au2mate, founded in 2001, develops and supplies automation and industrial it solutions for the process industry in Denmark and abroad. The company covers the entire range from complete automation & it projects to consultancy services and advisory assistance, with offices in Denmark, Norway, Sweden, UK and Dubai and 100 employees.

Foss, led by CFO Kenneth Aaby sachse, develops world-leading analytical solutions for the agricultural and food industries. The company was founded in 1956 by Nils Foss and is still owned by the family, employing 1,500 people worldwide, with consolidated sales of DKK 2.2bn in 2017.