# ProMach finalizes ownership agreement with Leonard Green & Partners and BDT Capital Partners

ProMach announced the closing of its agreement with affiliates of BDT Capital Partners and Leonard Green & Partners, resulting in a change of ownership. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2023-08-14
- Where: United States
- Status: completed
- Products: processing and packaging machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

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

## Sources

- [foodtechbiz.com](https://www.foodtechbiz.com/business-updates/promach-finalizes-ownership-agreement-with-leonard-green-partners-and-bdt-capital-partners), 2023-08-14: "ProMach, a worldwide leader in processing and packaging machinery and related solutions, announced the closing of its agreement with affiliates of BDT Capital Partners and Leonard Green & Partners."

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