# Unigrains to acquire Mecatherm for EUR 120 million

Agri-food investor Unigrains entered exclusivity with Wendel to acquire Mecatherm, a global leader in industrial baking equipment, for EUR 120 million. The transaction is expected to close in Q4 2018.

- Type: Acquisition
- Announced: 2018-07-31
- Where: France
- Value: $140.0M (120.0M EUR)
- Status: announced
- Products: industrial baking equipment, ovens, machines, automated production lines
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Wendel](https://endata.com/companies/3659.md) (partner)
- [Unigrains](https://endata.com/companies/3940.md) (acquirer)
- [Mecatherm](https://endata.com/companies/3941.md) (target)

## Sources

- [worldbakers.com](https://www.worldbakers.com/businesses/unigrains-acquires-mecatherm/), 2018-07-31: "This strategic acquisition would reinforce Unigrains’ position in the grain industry value chain, constituting a new, strategic axis."

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