#Sweden #Stockholm #FoodTech #Munters Group #Speria

Munters Group Considers Divesting FoodTech Division

Munters Group AB, publicly traded in Sweden, has announced its intention to evaluate the possibility of divesting its FoodTech division. This move could enable the company to enhance its growth trajectory in its core business areas, specifically Data Center Technologies (DCT) and AirTech.

Over the last decade, Munters has transformed FoodTech into a prominent player in the global market, operating under the brand name Speria. This division has established itself as an industry leader, commanding a unique position with significant growth potential in the food supply chain. Notably, FoodTech operates with a distinct customer base, marketing strategy, and product offerings compared to the DCT and AirTech divisions, resulting in minimal overlap and operational synergies.

The rationale behind the potential divestment is multifaceted. Firstly, Munters' CEO, Klas Forsström, stated that finding a new owner for FoodTech would allow the division to achieve its full potential by accessing dedicated investment and strategic focus. As the division continues to expand and mature, the need for a dedicated owner becomes paramount to support its growth trajectory without the confines of the Group's broader corporate strategy.

In aligning with its long-term growth objectives, Munters is continuously reassessing its portfolio. The divestment of the FoodTech unit is anticipated to strengthen Munters' leadership position in mission-critical climate control solutions. This strategic shift will allow the Group to concentrate its efforts on the high-potential segments of DCT and AirTech, which are considered critical for the company's future successes.

Stefan Aspman, the current president of DCT and future CEO of Munters, emphasized, "A divestment will create a more focused Munters, enabling us to concentrate fully on the significant opportunities ahead in DCT and AirTech." This renewed focus could foster greater agility in capital allocation, management resources, and investment decisiveness within the targeted sectors.

FoodTech has proven to be a valuable asset within Munters, showcasing impressive growth metrics. The division's net sales surged from MSEK 553 in 2022 to MSEK 1,753 in 2025, with adjusted EBITA rising from MSEK 99 to MSEK 297 during the same period. This strong performance represents about 12% of Munters’ total net sales and 16% of its adjusted EBITA by 2025.

Furthermore, FoodTech has uniquely evolved from reliance on conventional equipment to become a digitally oriented business. By integrating controllers, sensors, and software solutions, it maximizes efficiency and productivity across the food supply chain, ensuring operational intelligence and adaptability for its customers.

Munters is committed to ensuring a smooth transition during the divestment process, pledging to support FoodTech's customers, employees, and overall operations until a new ownership structure is finalized. Financial advisory is being provided by Evercore throughout this evaluation phase.

As the market watches closely, Munters will keep stakeholders informed about the progression of the potential divestment, demonstrating a commitment to transparency and a strategic focus on realizing long-term value.

For more insight into Munters Group and its business restructuring plans, stakeholders may contact the Head of Investor Relations, Line Dovärn, or media representative Daniel Frykholm, with their queries.