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Press release

Munters Group AB: MUNTERS INVESTS IN BARNTOOLS AND FORMS A STRATEGIC PARTNERSHIP

Munters Group

Munters invests in technology companies and start-ups with the aim to accelerate innovation within digitalization, technology and sustainability. The investment in BarnTools enables Munters business area FoodTech's strategic ambition to grow our digital solutions and connect the entire food production value chain with innovative software and precision farming solutions.

"I am excited about this investment and form a strategic partnership with BarnTools. It broadens Munters offering of wireless IoT and sensor solutions to farmers and food producers. The partnership enables increased growth and digitization together with MTech Systems in line with our strategy," says Pia Brantgärde Linder, Group Vice President and President business area FoodTech.

BarnTools provides wireless IoT and sensor solutions for poultry and pork producers that are easy to install, user-friendly and cost-efficient for farmers. With BarnTools' wireless alarm system, the company provides farmers and integrators with reliable monitoring, real-time visibility and data management. BarnTools is based in Iowa, US.

MTech Systems, a Munters company within the business area FoodTech, and BarnTools will jointly continue to develop the complete offering to the market.

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