Buhler acquires Schmidt-Seeger

The acquisition of Schmidt-Seeger by Buhler announced on 20 August 2010 has been approved by the German Federal Cartel Office without any restrictions. Both companies are highly satisfied and look forward to achieving the envisioned global growth targets together.

Schmidt-Seeger operates on a global scale as a plant supplier in the field of Grain Management and is headquartered in Beilngries north of Munich (Germany) with additional production sites in Döbeln (Saxony) near Dresden (Germany) and in Delhi (India).. The company has proven know-how in the areas of drying, storage, and handling of grain as well as in the field of malting.

Schmidt-Seeger will be integrated as an affiliated company in the Grain Processing division of Buhler. The site in Beilngries will be expanded into a global Buhler Grain Management center of competence. No job cuts are planned in connection with the acquisition. A joint integration team has already started work. In the coming months, it will forge ahead with the concrete steps of rapid strategic and operational merging of the two organizations.

The contracting parties have agreed not to disclose the purchase price.