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Synopsis
Warburg Pincus-backed Duravant, a global engineered equipment and automation solutions provider, completed the acquisition of Foodmate, a manufacturer of poultry processing equipment. Financial terms were not disclosed. “Foodmate is very much aligned with Duravant’s culture and strong commitment to growth, which will enable Foodmate to accelerate the execution of our strategic priorities,” Scott Hazenbroek, Foodmate US President.
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