Alder Investment III, a Nordic private equity fund, which is building an ecosystem of technology-driven companies focusing on vision-based automation for the food industry, through its Austrian-based platform, VSG Group, closed the acquisition of a majority shareholding in Qcify, a company based in the US and in Belgium specializing in automated quality control solutions for the global food industry.
Following this transaction Alder, Insort and Qcify form a strong partnership working on optimizing food production processes worldwide, enhancing food safety & quality, and reducing food waste. Alder was advised by CMS on all Austrian and Belgium legal aspects and certain tax aspects of the transaction. Pierson Ferdinand provided US law advice.
"This transaction has highlighted CMS’ cross-border capabilities in the M&A space. It has again been a pleasure working with Alder and being part of their global success story in food quality control solutions. Congratulations to all parties involved" said Peter Huber, Partner and Head of Corporate Transactions at CMS Vienna.
Christoph Birner, Senior Associate at CMS Vienna, adds: "The newly formed partnership of such innovative and future facing players, and the opportunity to harness the synergies between the parties, will have a strong sustainability driven impact on the food industry."
The Austrian deal team consisted of lead partner Peter Huber (Corporate/M&A) and lead associate Christoph Birner (Corporate/M&A), as well as Livia Landskron (Associate, Corporate/M&A), Sibylle Novak (Partner, Tax), Thomas Aspalter (Associate, Tax), Tamina Elbl (Associate, Tax), Jens Winter (Partner, Employment) and Caroline Pavitsits (Associate, Employment).
The Belgian deal team consisted of Vincent Dirckx (Partner, Corporate/M&A), Zoé Janssen (Associate, Corporate/M&A), Gauthier Blommaert (Associate, Corporate/M&A), Sophie Berg (Partner, Employment), Yseult Petre (Associate, Employment), Olivier Querinjean (Partner, Tax), Valeska De Pauw (Associate, IP/IT) and Arthur Sabbe (Associate, IP/IT).
About Alder
Alder is a Nordic investment firm dedicated to supporting technology-driven businesses that contribute to a sustainable future. The firm focuses on growth-oriented companies that provide innovative solutions in industrial automation, clean technologies, and resource efficiency. Alder actively invests in companies that have strong market potential and a clear vision for sustainability driven impact. For more information, visit www.alder.se.
About Insort
Founded in 2011 in Austria, Insort is a global leader in food sorting and inspection technology. The company pioneered Chemical Imaging Technology (CIT®), which enables real-time, hyperspectral analysis of food products, ensuring superior quality control and safety. Insort's solutions help food processors worldwide minimize waste, improve efficiency, and enhance food safety. For more information, visit www.insort.at.
About Qcify
Established in 2015 in the US, Qcify specializes in automated quality control solutions for the global food industry. The company develops AI powered inspection systems that ensure consistent, objective, and high-speed quality assessments. Qcify’s smart solutions reduce human error, increase efficiency, and provide food producers with the highest level of accuracy in quality assurance. For more information, visit www.qcify.com.
