Approved Business Logo
Login

Approved Business uses its own and third parties’ cookies in order to improve your experience and our services. These cookies provide a better performance, enhanced features and enable certain functionalities. You can obtain more information and learn how to change the configuration of your browser, including how to block some cookies, in our Privacy Policy. However, you should know that blocking some types of cookies may impact your experience on the site and limit the services we are able to offer.

Interroll acquires its sales and service agent in Iceland

05 November 2019 | Interroll Ltd

Interroll acquires its sales and service agent in Iceland

Sant'' Antonino, Switzerland, August 19, 2019. Material handling specialist Interroll has acquired significant parts of the business activities and assets of IBH ehf. 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 ehf. previously acted as the Interroll Group's sales agent for Iceland and the Faroe Islands. The focus of business and service activities to date 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 an annual product and service turnover in the low single-digit million-euro range. The services provided by IBH ehf. are in demand above all 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 the European Hygienic Engineering and Design Group (EHEDG) and US Department of Agriculture (USDA) certification, Interroll offers the food industry its Modular Conveyor Platform (MCP), crossbelt 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 in Copenhagen, Denmark.

Other Press Releases from Interroll Ltd

05/11/2019 - Interroll and Logstore deliver fully automated cell phone repair center to Grupo PLL in Brazil Interroll and Logstore realized a new repair center for Grupo PLL, the largest authorized service center for mobile phones and smartphones in Brazil.
05/11/2019 - Realization phase for Interroll''s new plant in southern Germany begins with 40 million Euro investment Interroll has realigned its location planning in southern Germany in order to optimize its readiness for future requirements.
26/7/2019 - Interroll will give UK premier to new DC Platform at IMHX 2019 Conveyor technology expert Interroll Ltd is set to showcase a number of innovations at IMHX 2019, the UK’s largest logistics event, which takes place on 24-27 September at the Birmingham NEC.
09/7/2019 - Skynet increases parcel throughput capacity with Interroll crossbelt sorter L.A.C. Conveyors and Automation working closely with long standing partner Interroll have installed a full turnkey sortation system at a UK sorting facility of leading courier, Skynet Worldwide Express. The vertical crossbelt sorter at its core can achieve sorting rates of 4,000 parcels per hour.
19/6/2019 - Interroll introduces new oil-free drum motor Sant''Antonino, Switzerland, May 9, 2019. Interroll is now introducing a new version of its oil-free drum motor based on the new and improved Interroll Drum Motor Platform.