Bettcher Industries, Inc., a manufacturer of protein processing equipment, has announced the signing of a definitive agreement under which it will acquire Frontmatec from Axcel. KKR, which acquired Bettcher in December 2021, will invest additional capital from its North American private equity strategy to support the transaction.
Headquartered in Kolding, Denmark, Frontmatec is a global manufacturer of end-to-end automated solutions for pork and beef processing, with robotics and vision system capabilities. The company serves as a full-line supplier of processing equipment, parts and services, instruments plus software, which help solve key issues pertaining to food and worker safety.