Bettcher Industries to Acquire Automated Protein Processing Equipment Manufacturer Frontmatec from Axcel

May 27, 2022 Bettcher Industries

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.