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Sukup Acquires DanCorn, a European Distributor of Sukup Products
Sukup Manufacturing purchased DanCorn, the exclusive distributor of Sukup grain drying, storage, and handling products in all of northern Europe. Dancorn is located in Hedensted, Denmark.
“As Sukup Manufacturing has been able to expand and grow, our dealers have also grown bigger and shared in our success,” says Steve Sukup, CFO of Sukup Manufacturing. “DanCorn is an example of the benefit of a mutually strong and lasting partnership. We are looking forward to continued growth with DanCorn and the expanding opportunities in protecting grain and increasing profit for farmers.”
Sukup has grown more than eight times since 2002 and will continue to expand with this acquisition. DanCorn has also experienced growth, particularly with the introduction of American style grain drying and storage systems to northern Europe. With the new ownership by Sukup, DanCorn will be able to expand and further develop its customer base.
Hans Hansen, former DanCorn CEO, will continue as a member of the board while DanCorn’s current CEO, Jens Munk Jensen, will continue as CEO of the newly acquired DanCorn.
Sukup products are sold in more than 80 countries worldwide.