Announced
Completed
Synopsis
Unigrains-backed Together Means Greater, a provider of industrial baking equipment completed the acquisition of Auto-Bake Industries, a Canadian designer. Financial terms were not disclosed. “With TMG and Unigrains, we have found partners who share our values and our culture. Beyond furthering innovation and enriching our complementary product and service offering, this transaction will greatly benefit the teams of both companies through the sharing of expert know-how and best practices. It will enable ABI LTD to more seamlessly serve large, global customers and offer mid-sized industrial bakeries a wider variety of manufactured solutions. We are delighted to enter this new phase of our development as part of TMG,” Alex Kuperman, Auto-Bake Industries CEO.
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