Bettcher Industries Proposed Acquisition of MHM Automation

On Friday 3rd November, Wyma Solutions' parent company, MHM Automation entered into a conditional agreement to be acquired by Bettcher Industries, a US-based, world leading manufacturer and supplier of food processing equipment. This is a strategic investment by Bettcher to continue growing in their core protein processing markets, as well as diversifying into the Agritech space, with Wyma being a market leading vegetable processing brand.Wyma Managing Director, Andrew Barclay says "We are certain that Bettcher's backing will enable Wyma to keep growing our range of products and services and to provide the vegetable industry with even more cutting-edge solutions and we see this as a positive and exciting step in our drive to continue our growth as a leading company in the global vegetable space."The transaction is anticipated to settle in early 2024, subject to shareholder and regulatory approvals in addition to other customary closing conditions. There will be no impact on the day-to-day operations of Wyma or to the quality of the products and services that we offer. If you'd like to learn more about the conditional agreement, please reach out to your Wyma representative or contact us here.