Schenck Process Group (Schenck) has recently reached an agreement to acquire Solids Handling And Process Engineering Co., Ltd. (SHAPE), a major supplier and specialist in providing powder handling & powder processing solutions based in Bangkok, Thailand.
SHAPE offers solutions for almost every facet of manufacturing operations and processes where dry solids are used: Encompassing the discharge and handling of raw materials, the inter process transfer and processing in terms of mixing, size reduction and sieving as well as filling.
This acquisition is a continuation of Schenck’s strategic focus to further extend its global offering for the food end-markets. It will significantly strengthen its APAC capabilities in the food processing and equipment sector with great opportunities for growth not only in Thailand but across the entire Asia Pacific region. Schenck will build upon SHAPE’s experience and customer relationship and support the company’s future growth.
Mr Keith Cochrane, CEO of Schenck Process Group said, “I am delighted to see SHAPE join our group with their reputation for high quality products that are recognised by multinational bluechip customers. This investment represents an important strategic opportunity for our food business, and SHAPE’s established critical mass provides a suitable platform for growth adding to our geographic presence in a region for which we see great potential in the food market in coming years.”
Former owners of SHAPE, Oytip Kuwunlop and Mike Allin are optimistic that SHAPE’s new owner will bring in industry experience and extensive network, and will ensure further growth of SHAPE. SHAPE’s former management will continue working under the new ownership for a certain period until a smooth transfer is completed.
German-based Schenck Process is a leading global provider of sustainable products, integrated solutions and services in mission critical applications for bulk materials. It is present in more than 20 countries and offers solutions for industrial weighing, feeding, conveying, pulverising and classification, screening, mixing and blending and associated digital applications. The Group generated revenue of almost €600 million (US$703 million) for the year ended December 2020.
