CONTINUED IMPLEMENTATION OF MUNTERS STRATEGY – TAKING THE NEXT STEPS IN BUSINESS AREA FOODTECH

Munters is on a journey delivering on the strategy set forth early 2020. As part of this, business area FoodTech has completed a strategic review outlining measures to strengthen its digital offering and climate solutions part of the business. Implementation will start in the second quarter 2021.At the start of 2020 Munters launched a new strategy. Following this, a strategic review of the two business areas has been made. As a consequence, measures to sharpen the customer offering and optimize the footprint, mainly related to the business area AirTech, were announced in July 2020.