Since its acquisition by MULTIVAC in 2019, the FRITSCH Group has been soaring: sales grew by 40% in 2021, a year that saw various pandemic restrictions throughout. It also recorded the best quarterly result in its history, in 2022, and a record-breaking EUR 35 m in incoming orders, while new equipment was also introduced. Christian Traumann, Multivac Managing Director and Group President, and Andreas Eyd, Managing Director, FRITSCH Bakery Technologies, shared with us the strategy of the two companies, leading up to these results, and how it continues to nurture the success at FRITSCH.
Catalina Mihu: FRITSCH Bakery Technologies recently announced it recorded a sales growth of 40% in 2021. Where were the biggest sales recorded?
Andreas Eyd: We registered a tremendous fourth quarter, and the momentum is continuing this year, starting from the first months of the year. We’ve seen the biggest growth in Eastern and Western Europe, but also in North America and elsewhere. MULTIVAC’s organization, with 83 subsidiaries worldwide, has been hugely beneficial as we are able to reach many countries; and the results are showing.
