07.14.16
Sealed Air Corporation has acquired Tampereen Teollsuussähkö Oy (TTS-Ciptec), a company that optimizes cleaning in place systems through remote monitoring capabilities and predictive analytics services for industrial use in brewing, beverage and dairy companies.
“TTS-Ciptec’s unique approach and complementary technology in patented sensing and algorithms bolsters our knowledge based services,” said Karl R. Deily, president of Sealed Air’s Food Care division. “Combined with Sealed Air’s expertise in data analytics and experience in the food and beverage industry, this acquisition enhances how we meet our customers’ sustainability needs by saving time, reducing product loss and water and energy consumption, and improving quality, hygiene and yield.”
Terms of the transaction were not disclosed.
“TTS-Ciptec’s unique approach and complementary technology in patented sensing and algorithms bolsters our knowledge based services,” said Karl R. Deily, president of Sealed Air’s Food Care division. “Combined with Sealed Air’s expertise in data analytics and experience in the food and beverage industry, this acquisition enhances how we meet our customers’ sustainability needs by saving time, reducing product loss and water and energy consumption, and improving quality, hygiene and yield.”
Terms of the transaction were not disclosed.