Bettcher Industries, a leading manufacturer of protein processing equipment, announced the signing of a definitive agreement under which it will acquire Frontmatec (the “Company”) from Axcel. KKR, which acquired Bettcher in December 2021, will invest additional capital from its North American private equity strategy to support the transaction. …
Bettcher Industries, Inc. announces that it has entered into a distribution agreement with Borncut A/S covering the company’s precision portion cutting equipment sold into the North American market. …
Swanson will succeed Don Esch, who is retiring at the end of the year after having served as Bettcher’s CEO since October of 2014. Esch will continue to serve as a member of Bettcher’s Board of Directors. …
MPE and Bettcher partnered in the transaction with entrepreneurs Dane Woods and Tony Rice, who will remain in their roles as leaders of the company. Matt Yohe, Partner at MPE, said, “We saw a fantastic fit between Bettcher, Gainco, and Cantrell, and believe their shared capabilities and synergy opportunities will accelerate the growth of the combined company.” …
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