After obtaining the necessary regulatory authorisations, Unigrains, the agri-food and agro-industry investor, has completed the acquisition of Mecatherm, a specialist in industrial baking equipment, from Wendel.
Olivier Sergent, President of Mecatherm, says: “We are delighted to begin this new, ambitious development phase with Unigrains. This partnership will enable us to offer more added value, services and support to our clients thanks to the strategic and financial backing of our growth projects and via synergies with the French Grain Growers Association.”
Philippe Pinta, President of Unigrains, says: “This strategic acquisition is part of our effort to gain a better understanding of the global Bread-Bakery-Pastry market and, over the long term, will be fundamental to better meet the demand for grains. At the same time, Mecatherm’s know-how, international position and corporate culture will give us a decisive boost to enrich our capital-investment activity.”