KKR, a global investment firm, has purchased Bettcher Industries, a leading manufacturer and supplier of food processing equipment and aftermarket parts and consumables, from MPE Partners.
Bettcher is a provider of innovative, semi-automated handheld tools and automated equipment for thousands of meat processing plants around the world.
This marks KKR’s third platform acquisition in 2021 as it continues its commitment to employee engagement and building market leaders.
“We believe food processing automation is an essential sector of the global economy benefitting from stable demand and attractive growth,” said Josh Weisenbeck, partner at KKR. “We are incredibly excited to work with Bettcher to not only pursue its organic growth strategies, but also strategic acquisitions.”