# Frontmatec acquires majority stake in Asuan S.A.

Frontmatec, a global supplier of customized equipment and automation for the meat industry, has agreed to acquire a majority stake in Uruguayan red meat processing and packaging systems manufacturer Asuan S.A. The acquisition strengthens Frontmatec's position in Latin America.

- Type: Acquisition
- Announced: 2022-01-13
- Where: Uruguay
- Status: announced
- Products: meat processing and packaging systems, automation solutions for the meat industry
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Frontmatec](https://endata.com/companies/19030.md) (acquirer)
- [Asuan S.A.](https://endata.com/companies/60352.md) (target)

## Sources

- [asuan.com.uy](https://asuan.com.uy/frontmatec-asuan-acuerdan-unir-fuerzas-america-latina/), 2022-01-13: "Latinoamérica es un mercado estratégicamente importante para nosotros."

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