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Omori Machinery Co. Ltd. sold its interests in Selo Food Group on March 2, 2022, resulting in the split of Omori and Selo. The funds will be used to develop Omori Europe.
Linxis Group, with financial partner IK Investment Partners, acquired Bakon, a Dutch specialist in food processing and bakery equipment, from its managers and Rabo Investments. The acquisition complements Linxis's portion process division.