In June 2016, the Tolsma-Grisnich Group acquired a controlling interest in British based Farm Electronics Ltd. The parties have agreed that Tolsma-Grisnich will acquire full ownership of Farm Electronics effective 1 January 2019.
Substantial investments have been made in Farm Electronics since the controlling interest was acquired. The purpose of this was to future-proof Farm Electronics, ensuring that Tim Dudfield and Paul Jackson can safely transfer their responsibilities to the new management team.
As well as the organisation, the ‘Farm Electronics’ brand is said to be maintained, and it is intended that the business will develop into a fully-fledged member of the Tolsma-Grisnich Group.
According to Dim Jan de Visser, CEO of the Tolsma-Grisnich Group: “With the take-over of Farm Electronics, Tolsma-Grisnich is taking an important step towards fulfilling its ambition to become a leading player in the storage technology market in the United Kingdom.
“We are happy with this full takeover because both of us have our own qualities, and will reinforce one another directly. In this way we will accelerate our professionalisation process, without any compromise of our innovative power. Together we can serve the market better, and together with our customers we can take the step towards the realisation of innovative storage technology concepts.”
De Visser says the Grisnich product range is ready to respond to the more complex demands coming from the processing industry, whereby the engineering of total systems (concept) will meet the trends towards scale enlargement, professionalisation and digitalisation.
Tolsma-Grisnich is also responding to Brexit. Local production in the UK will be further extended, while innovative products, expertise and experience will be contributed from the Netherlands, de Visser says.
Source: Tolsma-Grisnich Group