Manitowoc has strengthened its induction cooking offering by acquiring INDUCS AG, the Swiss manufacturer of induction equipment.
INDUCS develops, manufactures, and markets an expansive line of advanced technology induction countertop and built-in products.
It has a strong global network of distribution partners, including a longstanding relationship with Manitowoc’s Garland subsidiary, which has marketed its induction technology to the foodservice industry in North America for more than a decade.
Jacques Seguin, VP and general manager of the Garland Group, said the firm sees a bright future for induction technology in the foodservice market.
“Our goal is to leverage the strengths of both companies to become the global market leader for this exciting technology,” he said. “Induction technology solves customer problems that conventional equipment cannot. Specifically, more and more, customers are demanding energy efficiency, ease of cleaning, cooking speed, and accuracy that induction delivers.”
Induction products will be sold under the Garland brand to all Manitowoc global customers, while INDUCS continues to serve its OEM customers and distribution partners.
INDUCS was established in 1998 with the aim of building induction appliances for the restaurant and catering industry. It has always sold its products through the OEM and distribution channels. The company’s patents include RTCS and RTCSmp, real-time temperature control technology.
Manitowoc did not disclose how much it paid for the business.