Interroll moves into Iceland
Establishing a permanent office in Reykjavik strengthens the company’s activities in the fish-processing sector
Material handling specialist Interroll has acquired significant parts of the business activities and assets of IBH in Reykjavik, Iceland. The move strengthens the company’s sales and service activities in the food and beverage sector, particularly in the fish-processing industry.
IBH previously acted as Interroll’s sales agent for Iceland and the Faroe Islands. Until now, the focus of the company’s business and service activities has been primarily on the Interroll Drives product group.
With its own branch office, Interroll will in future also be selling its entire solution portfolio in Iceland. The parties have agreed not to disclose the purchase price.
The transferring managing director and five employees generate annual product and service turnover in the low single-digit, million-euro range. Services provided by IBH are in demand by the food industry, especially by companies and machine manufacturers in the fish-processing sector.
In the long term, the Interroll Group aims to achieve a worldwide spare parts and service share of at least 20 percent of its total revenue.
In addition to hygienic products such as drum motors with European Hygienic Engineering and Design Group (EHEDG) and United States Department of Agriculture (USDA) certification, the company offers the food industry its Modular Conveyor Platform (MCP) cross-belt sorters and order picking and storage solutions that are efficient, low-maintenance and reliable.
The acquired business activities and assets for Iceland and the Faroe Islands will continue as the Reykjavik branch of Interroll Nordic, based in Copenhagen, Denmark.