# BAADER acquires majority stake in Skaginn 3X

On October 29, 2020, BAADER acquired a majority stake in Skaginn 3X, an Icelandic provider of advanced chilling and food processing technology systems. The terms of the transaction were not disclosed.

- Type: Acquisition
- Announced: 2020-10-29
- Where: Akranes, Iceland
- Status: completed
- Products: advanced chilling and food processing technology systems
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Baader](https://endata.com/companies/25552.md) (acquirer)
- [Skaginn 3X](https://endata.com/companies/46929.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/skaginn-3x), 2020-10-29: "On October 29, 2020, BAADER acquired a majority stake in Skaggin-3x."

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