KKR Closes Acquisition of Food Processing Equipment Maker Bettcher Industries.
MANews-(C)2009-2021
US-based investment firm KKR (NYSE: KKR) has closed its acquisition of US-based food processing equipment manufacturer and supplier Bettcher Industries from MPE Partners, the firm said.
Effective upon the transaction close, Dan Daniel, a KKR Executive Advisor, will assume the role of chairman of Bettcher.
Daniel will support Tim Swanson, CEO of Bettcher, in setting the strategic direction of the company and in overseeing Bettcher's operating performance.
Daniel has three decades of experience leading US industrial companies, most recently serving as an executive vice president at Danaher from 2008 through March 2020.
During his 14 years as an Executive officer at Danaher, Daniel directly managed Danaher's Industrial Technologies and Life Sciences portfolios until 2017, and, from...
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