# Bettcher Industries to acquire Frontmatec from Axcel

Bettcher Industries announced the signing of a definitive agreement to acquire Frontmatec, a global manufacturer of automated solutions for pork and beef processing, from Axcel. KKR will invest additional capital to support the transaction.

- Type: Acquisition
- Announced: 2022-05-24
- Where: Kolding, Denmark, Denmark
- Status: announced
- Products: end-to-end automated solutions for pork and beef processing, robotics, vision systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [KKR](https://endata.com/companies/16879.md) (investor)
- [Frontmatec](https://endata.com/companies/19030.md) (target)
- [Bettcher Industries](https://endata.com/companies/26189.md) (acquirer)
- [Axcel](https://endata.com/companies/56551.md) (partner)

## Sources

- [bettcher.com](https://bettcher.com/bettcher-industries-to-acquire-automated-protein-processing-equipment-manufacturer-frontmatec-from-axcel/), 2022-05-24: "Frontmatec has built a leading brand and position by enabling customers to continuously improve the productivity and safety of their workforce."
- [businesswire.com](https://www.businesswire.com/news/home/20220524005699/en/Bettcher-Industries-to-Acquire-Automated-Protein-Processing-Equipment-Manufacturer-Frontmatec-from-Axcel), 2022-05-24: "Frontmatec has built a leading brand and position by enabling customers to continuously improve the productivity and safety of their workforce."

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