Schenck Process, rebranded as Qlar, is a pioneering force in material processing—a market it's been transforming for over 140 years. With an impressive track record, bolstered by 300 patents, this German-founded company excels in providing high-precision solutions across industries such as Infrastructure, Energy, and Chemicals.
Their global reach spans 12 countries, where they collaborate with significant industry players to offer products like industrial weighing, conveying, and digital applications under the CONiQ product family. Their commitment to sustainability and accuracy makes them a standout contender in the global technology arena.
The company's most recent funding event was a substantial $730 million acquisition investment dated September 1, 2023, backed by Hillenbrand. This strategic move underscores their potential for expansive growth and market leadership in the material processing sector.