Tetra Pak has acquired asset management company Gaussian, as it aims to enhance its productivity-focused services for food and beverage clients.
Founded in 2015, South Africa-based Gaussian’s asset management experience spans sectors including mining, power, infrastructure and fast-moving consumer goods (FMCG).
The companies have previously collaborated to deliver plant-wide performance analysis services, encompassing benchmarking and identifying cost-saving and efficiency opportunities.
Tetra Pak says that the acqusition will improve its ‘outcome-based solutions’ – a raft of services aimed at improving plant efficiency, optimising processes and reducing costs for clients.
In many cases these are offered through Tetra Pak Plant Secure, which launched in 2018 as a “game-changing” plant management service, designed to drive profitability improvements for clients.
Roberto Franchitti, Tetra Pak’s executive vice president services, said: “Tetra Pak Services aims to be the world’s leading provider of services to the Liquid Food industry, at the forefront of technology to help our customers excel in quality and performance.
“The acquisition of Gaussian is a perfect addition to the Tetra Pak Services portfolio; their industry leading suite of tools, analytical and simulation capabilities means we can help our customers optimise their operations and competitiveness even more than ever.”
Dean Griffin, director at Gaussian, added: “Having worked closely with Tetra Pak for a number of years, the decision to join the company was a natural one.
“We see more opportunities opening up by combining our respective areas of expertise. Tetra Pak’s unrivalled experience within the F&B industry and our knowledge of strategic modelling means we will be able to offer real business improvements for Tetra Pak’s customers.”
The Gaussian brand will cease to operate under the deal, but all existing customer obligations will be honoured. All employees at the time of the acquisition have also reportedly been offered a permanent role at Tetra Pak’s site in Cape Town.
The financial terms of the transaction have not been disclosed.
© FoodBev Media Ltd 2019