Multivac Sells Majority Holding in Trimaster Oy

The Multivac company Trimaster Oy, which is based in the Finnish city of Tampere, has been sold effective November 1, 2020 as a management buyout under the leadership of Leo Johansson.

In regard to all automation and line projects, the Multivac subsidiaries will continue to work with Trimaster and offer customers the company's solutions.

“We decided on the sale, because we are convinced that Trimaster has better market opportunities with more local direction and without the constraints of a large organisation,” explained Christian Traumann, Group president of Multivac.

As a consequence of the sale, Kimmo Vesterinen, factory manager at Trimaster, will join Multivac Finland, where he will initially work as the deputy to the current managing director, Esa Harju, before taking up the senior management role at Multivac Finland when Harju retires. He will also offer support to the Multivac subsidiaries and the Food, Medical & Consumer Solutions (FMCS) business units in their collaboration with Trimaster. And last but not least, he will continue to represent the interests of Multivac at Trimaster as a board member.

With more than 20 years experience in material handling, Trimaster supplies turnkey solutions for its customers. Typical applications are order-picking equipment, palletizing and end-of-line packaging solutions, as well as conveyor systems for product transport.

About Multivac

Multivac is a leading worldwide provider of packaging solutions for food products of all types, life science, and healthcare products, as well as industrial items. The worldwide portfolio covers virtually all requirements of processors and producers in terms of pack design, output, and resource efficiency. It comprises a wide range of packaging technologies, as well as automation solutions, labellers, and quality control systems.