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On October 29, 2020, BAADER acquired a majority stake in Skaginn 3X, an Icelandic provider of advanced chilling and food processing technology systems. The terms of the transaction were not disclosed.
Damate Group has invested €2.2 million in a new turnkey mechanical deboned meat (MDM) freezing solution from Skaginn 3X for its turkey division in Russia.
Russian agricultural holding Damate Group has invested EUR 2.2 million in a turnkey MDM freezing solution from Skaginn 3X for a new turkey processing plant in Russia, capable of processing 214 tons per day.