Storskogen, a private equity firm, completed the acquisition of Danmatic, a company specialised in design, production, sale, and service of industrial processing machinery for the bakery industry, and its subsidiary Prægel & Co. Financial terms were not disclosed. “We are very pleased to have acquired Danmatic and Prægel & Co. They are well-run companies with unique market positions, profitable business models and high levels of competence in their field. We look forward to continuing to develop the company together with the management," Fredrik Bergegård, Storskogen Head of Business Area Industry.