KKR completed the acquisition of Bettcher Industries from MPE Partners.

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.