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M&A Deal Summary

Mecatherm Acquires ABI

On January 13, 2021, Mecatherm acquired manufacturer ABI

Acquisition Highlights
  • This is Mecatherm’s 2nd transaction in the Manufacturing sector.
  • This is Mecatherm’s 1st transaction in Canada.
  • This is Mecatherm’s 1st transaction in Ontario.

M&A Deal Summary
Date 2021-01-13
Target ABI
Sector Manufacturing
Buyer(s) Mecatherm
Deal Type Add-on Acquisition

Target

ABI

Richmond Hill, Ontario, Canada
ABI Ltd. engages in the manufacturing of baking equipment. ABI manufactures stand-alone units for commercial bakeries and provides end-to-end system integrations for many of the world's largest industrial bakeries. ABI Ltd. was founded in 1989 and is based in Richmond Hill, Ontario.

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Buyer(S) 1

Buyer

Mecatherm

Baremabach, France
Category Company
Founded 1964
Sector Machinery
Employees300
DESCRIPTION

Mecatherm develops, assembles and installs automated production lines for industrial bakery products (baguettes, artisan bread, cakes, etc.) worldwide. Mecatherm was founded in 1964 and is based in Baremabach, France.

DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-31 Gouet SAS

Ville de Eu, France

Gouet SAS designs and manufactures industrial baking systems for the bakery sector.

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