# BDT Capital Partners to acquire significant stake in ProMach alongside Leonard Green & Partners

BDT Capital Partners has entered into a definitive agreement to acquire a significant stake in ProMach, a processing and packaging machinery solutions provider, alongside existing majority owner Leonard Green & Partners. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2023-05-03
- Where: Cincinnati, United States
- Status: announced
- Products: processing and packaging machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Leonard Green & Partners](https://endata.com/companies/2739.md) (investor)
- [ProMach](https://endata.com/companies/2759.md) (target)
- [BDT Capital Partners](https://endata.com/companies/55393.md) (acquirer)

## Sources

- [prweb.com](https://www.prweb.com/releases/promach-announces-new-investors-bdt-capital-partners-alongside-existing-owners-leonard-green-amp-partners-800945834.html), 2023-05-03: "We are extremely enthusiastic as we enter our next phase of growth with two exceptional partners in LGP and BDT Capital Partners that share our common vision."
- [dairyfoods.com](https://www.dairyfoods.com/articles/topic/2711-packaging-technologies-dairy-processors?page=12), 2023-05-08: "BDT Capital Partners acquires 'significant stake' in ProMach"

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