SKIOLD acquires Rotecna
SKIOLD, a Denmark-headquartered company which develops and manufactures innovative solutions within agricultural farm and feed equipment, acquires Spain-headquartered Rotecna, creating a strong partnership in delivery of complete pig farm solutions. Since 2016, Rotecna has been partly owned by the Spanish private equity investors Talde and Oquendo. Rotecna will become a part of SKIOLD’s existing pig business unit, nearly doubling its size in terms of revenue.
The combination of SKIOLD and Rotecna delivers clear strategic benefits to both companies, including a stronger global footprint and enhanced platform to grow in new markets, a broader product portfolio of leading technologies, and increased scale to support investments in R&D, including digital solutions. With this acquisition, SKIOLD group’s revenue is approaching EUR 200m.
Oaklins was engaged to advise SKIOLD and its majority shareholder Solix Group, as strategic and financial advisor in the transaction; a joint effort between Oaklins' teams in Denmark and Spain.
By combining our business we will be able to serve our customers even better through a strengthened product portfolio and increased scale to build an even more comprehensive sales and service network globally.SØREN OVERGAARD, CEO - SKIOLD
SKIOLD, headquarted in Sæby, Denmark, has more than 140 years of experience providing seed-, feed-, and farm- equipment and solutions. SKIOLD covers the complete value chain from field to livestock, including seed processing, grain handling, feed milling, and poultry-, cattle-, and pig farming equipment. SKIOLD is majority owned by Solix Group.
Read more about SKIOLD on the website: www.skiold.com
Founded in 1991 and headquartered in Agramunt, Spain, Rotecna specialises in the design, manufacture, and marketing of equipment and solutions for the pig farming industry. Enabled by its innovative DNA, Rotecna has played a central role in supporting the development of Spain’s pork production industry, which today has reached a globally leading status in terms of efficiency while holding the third largest pig population worldwide. Rotecna has grown consistently over the past 10 years from c. EUR 10m in revenue in 2010 to nearly EUR 50m in 2020, becoming the number one leading pig equipment provider in Spain while also entering new markets in for example Europe and Latin America.
Read more about Rotecna on the website: www.rotecna.com