N. Foss & Co. new majority shareholder in Au2mate.

Tuesday, 06 November 2018

N. Foss & Co. new majority shareholder in Au2mate.

Today, it is a great pleasure to announce that N. Foss & Co., the holding company behind FOSS Analytical A/S, has acquired 51% of shares in Au2mate.

From closing meeting – Peter Foss, Klaus Dam & Carsten G. Jensen

FOSS Analytics A/S, with headquarter in Hillerød, Denmark develops and produces advanced analytical instruments for the food industry.  Through analytics, FOSS adds value to customers by improving food quality and optimising production, from raw material to finished product. Today, FOSS employs 1,500 highly qualified people worldwide.

The investment from N. Foss & Co. will make it possible to create strong synergies between the expert knowledge both companies hold, and down the line there is potential for collaborating on new digital solutions drawing on both FOSS’ and Au2mate’s competences.

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.

Read the full press release here 

Best regards,

Klaus & Carsten