# Kempf acquires majority stake in KeyBAKE

Kempf GmbH acquired a majority stake in Dutch company KeyBAKE, both specializing in bakery sheets, molds, and coatings. Kempf also announced significant investments in the Dutch production site, including a deep-drawing line for sheets.

- Type: Acquisition
- Announced: 2023-01-03
- Where: Dronten, Netherlands
- Status: completed
- Products: sheets, molds, and coatings for bakeries
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Kempf GmbH](https://endata.com/companies/67660.md) (acquirer)
- [KeyBAKE](https://endata.com/companies/67661.md) (target)

## Sources

- [brotundbackwaren.de](https://brotundbackwaren.de/kempf-ubernimmt-keybake/), 2023-01-03: "Wir freuen uns sehr, das Wissen und die Stärken von Kempf und KeyBAKE zu kombinieren."

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