Deal Details

Fortifi Acquires Nothum

Industrial

Fortifi, a portfolio company of KKR, acquisition of Nothum

Summary

Fortifi Food Processing Solutions (“Fortifi”), a portfolio company of KKR, recently completed the acquisition of Nothum Food Processing Systems (“Nothum”). Terms of the transaction were not disclosed.

Baird served as the exclusive financial advisor to Fortifi on this transaction.

About

Fortifi is a leading platform of automated food processing equipment and automation solutions. Fortifi serves customers worldwide through its global manufacturing and service footprint, and drives improvements in yield, productivity, food quality and worker safety for many of the world’s largest food producers. Fortifi’s portfolio includes Bettcher Industries, a manufacturer of protein processing tools, machinery and associated aftermarket parts; Frontmatec, a full-line supplier of automated red meat processing equipment; MHM Automation, a New Zealand-based provider of automated processing and material handling solutions; and REICH Thermoprozesstechnik GmbH, a Germany-based supplier of thermoprocessing systems. Fortifi has global operations and is headquartered in The Woodlands, Texas.

Nothum is a leading designer and manufacturer of batter, tempura, breading and frying lines primarily for further protein processing applications. Nothum provides systems, aftermarket parts and services for poultry, seafood, vegetables and alternative protein markets. Founded in 1971, Nothum is headquartered in Springfield, Missouri.

Industrial

Fortifi, a portfolio company of KKR, acquisition of Nothum