Clearwater International advises ATLINE on its sale to Indutrade
Clearwater International has advised ATLINE, a specialist within automated, robot-operated, quality assurance technology, on its sale to Indutrade, a Swedish industrial group.
Founded in 2018, in Kolding, Denmark, ATLINE has been on an impressive growth journey following the development of a patented robot-operated laboratory technology for quality assurance used in the feed industry. The technology is integrated directly into the process lines, conducting various quality assurance analyses, such as Near Infrared (NIR) and physical analysis. By automating and optimising quality assurance for large-scale production plants, the implementation of the company’s technology yields significant cost savings for customers through improved outputs. This innovative technology solution led to ATLINE attracting a global blue-chip customer base within its first year of commercial operations in 2020.
Indutrade is an international technology and industrial group that develops and acquires companies, characterised by high-tech know-how and an ability to build enduring as well as close relationships with customers and suppliers. The group acquires well-managed and profitable companies, with a philosophy based on entrepreneurship and decentralised leadership. Today, the company operates through more than 200 subsidiaries, with over 9,100 employees overall, in more than 30 countries.
Following the acquisition, Indutrade will support the continued global, growth journey and scale-up of the production and organisation for ATLINE, which is a strong fit with Indutrade’s overall strategy.