Announced
Completed
Financials
Tags
Production Technology Equipment
Majority
food processing equipment
Domestic
Friendly
United States
Acquisition
Private Equity
Private
Completed
Single Bidder
Synopsis
KKR, an investment firm, completed the acquisition of Bettcher Industries, a manufacturer and supplier of food processing equipment, from MPE Partners, a private equity firm. Financial terms were not disclosed. “Bettcher is a great business and an iconic brand, and I am honored to support the Company in its growth ambitions from here. Through continued growth and accretive acquisitions, we can together build Bettcher into a scaled leader in food processing automation equipment and I look forward to working alongside the Bettcher management team and KKR to do exactly that,” Dan Daniel, KKR Executive Advisor.
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