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Munters invests in FarmSee

Okt 19, 2022 09:00

The investment in FarmSee, a leader in advanced computer vision and AI for the swine industry, will allow food producers to optimize their entire value chain and improve animal health.

In the swine industry, the farmer normally makes a manual check of the livestock. It is difficult to make accurate, individual assessments of each animal, and, above all, it is time-consuming. Using advanced computer vision and AI, FarmSee gives the farmer the ability to assess each swine’s weight and overall health. This results in more efficient food production and better animal welfare. In addition, the climate control system works best knowing the mass weight of the swine on the farm.

"I am very pleased to partner up with FarmSee. ­Their unique products and software broaden FoodTech's offering in digital solutions for food producers,” says Pia Brantgärde Linder, Group Vice President and President business area FoodTech, Munters.

The investment means that Munters becomes a distributor of FarmSee's product range and software. This enables FoodTech to grow within digital solutions to connect the entire value chain for food production.

"The partnership with FarmSee is in line with our strategy to invest in technology companies, which strengthens our customer offering in digital solutions and contributes to increased sustainability," says Annette Kumlien, Group Vice President and CFO, Munters.

For more information:

Investors and analysts
Ann-Sofi Jönsson, Vice President, Investor Relations and Enterprise Risk Management
E-mail: ann-sofi.jonsson@munters.com
Phone: +46 (0)730 251 005

Susann Johnsson, Vice President, Group Communications and Brand
E-mail: susann.johnsson@munters.com
Phone: +46 (0)70 623 1474

About Munters Group
Munters is a global leader in energy-efficient air treatment and climate solutions. Using innovative technologies, Munters creates the perfect climate for customers in a wide range of industries. Munters has been defining the future of air treatment since 1955. Today, around 3,700 employees carry out manufacturing and sales in more than 30 countries. Munters Group AB reported annual net sales of more than SEK 7 billion in 2021 and is listed on Nasdaq Stockholm. For more information, please visit www.munters.com.

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