Key Technology, a US-based manufacturer of process automation systems, and Visys, a provider of chute-fed in-air sorters used by food processors and waste recyclers, have entered into a merger agreement.
The merger is expected to create the single most complete source of high-performance, digital sorting technologies available for food processing and other industrial markets.
Key Technology president and CEO Jack Ehren said that the partnership will allow customers to have access to the highest performing chute-fed and belt-fed sorters available, along with Key Technology's processing systems and support, to satisfy needs in all steps of the processing line
"Given this unprecedented mix of product solutions and services, we're well positioned to improve customers' operational efficiencies and maximize their competitive advantages," he said.
"Furthermore, by consolidating our intellectual property and innovations, we expect to accelerate the development of next-generation sorting technology," Ehren added.
Visys will continue to operate in Hasselt, Belgium, as a wholly-owned subsidiary of Key Technology.
Visys chute-fed in-air sorters are expected to complement Key's family of belt-fed sorters. In addition, Visys has developed advanced laser technology and hyperspectral-based BioPrint sorting, while Key excels with camera/laser sorting and the integration of conveying and other processing systems.
