Announced
Synopsis
KKR-backed Bettcher Industries, a manufacturer of protein processing equipment, agreed to acquire Frontmatec, a manufacturer of end-to-end automated solutions for pork and beef processing, from Axcel, a private equity firm. Financial terms were not disclosed. “Frontmatec has built a leading brand and position by enabling customers to continuously improve the productivity and safety of their workforce. The Company’s capabilities in automation and its global presence make it a superb fit for the Bettcher platform, and we are excited to work with Allan and his team to extend our collective innovation leadership,” Tim Swanson, Bettcher CEO.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.