Fish and shrimp processing equipment manufacturer Norbech has been sold after the company declared bankruptcy in December 2023.
Norbech was founded in 1986 as Uni-Food Technic by Bjarne Normann Jensen. The company’s products include bleeding tanks, de-heading machines, de-slimers, de-scalers, and more essential equipment for the fish and shrimp processing industry.
The company transitioned from Uni-Food Technic to Norbech after Kurt Bech Christensen took over the company in 2019. As recently as November 2023, the company hired Peter Fredborg to serve as the company’s CCO. According to a release from the new owners, Norbech was declared bankrupt in December 2023, and now its assets have been sold.
The company will now be reestablished under its old name of Uni-Food Technic A/S under the leadership of new majority owner and CEO Jeppe Christensen.
“We aim to create a well-functioning company by building on the competent employees, key products, and loyal customers that have been the core of Norbech for many years,” Jeppe said. “Our approach is to establish a solid financial foundation for the company so Uni-Food Technic can evolve to be even more relevant for our customers and a healthy workplace."
Jeppe now has a 51 percent ownership stake in the company and enters the CEO role after serving as the group sales director at Carsoe for eight years.
The company said Leif Andersen will also serve as a passive partner and board member for the new company, with a 49 percent ownership stake. Andersen was a former partner in Uni-Food Technic and, since 1999, led Intech International – until that company was sold in 2022.
In a release, the new owners of Norbech said several employees, assets, and activities were transferred in connection with the sale.
"We have experienced exceptionally high interest in the purchase of the bankrupt company's assets and activities, confirming that the company had sound values and products that the buyer can build upon,” Jens Højmark, the lawyer who managed the sale, said.
The terms of the sale have not been disclosed.
Photo courtesy of Uni-Food Technic