# AGI acquires Danmare Group to expand food platform

Ag Growth International Inc. (AGI) has acquired 100% of the shares of Danmare Group Inc. and its affiliate Danmare, Inc., which provides engineering solutions and project management services for automated food processing systems. Danmare's sales were $6.4 million and adjusted EBITDA $1.7 million in its last fiscal year.

- Type: Acquisition
- Announced: 2018-02-28
- Where: United States
- Status: completed
- Products: automated food processing systems, engineering solutions
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Ag Growth International](https://endata.com/companies/19641.md) (acquirer)
- [Danmare Group](https://endata.com/companies/30381.md) (target)

## Sources

- [in-confectionery.com](https://in-confectionery.com/agi-announces-strategic-addition-food-platform/), 2018-02-28: "The addition of Danmare is a significant step in the development of AGI’s Food platform."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.