Baader completes Linco acquisition
Germany-based processing company Baader Group on Wednesday announced it has taken complete ownership of processing-machinery manufacturer Linco.
Baader first acquired the controlling majority of Linco in 2007, and with the complete takeover has become the third largest provider of poultry processing systems.
"The complete takeover of the company is an important step with regard to a long-lasting stabilization of our competitiveness," said Petra Baader, CEO. "Baader and Linco complement one another perfectly with regard to the global market presence, process technology, R&D competence and customer service."