Linxis Group could extend its mixing technologies by acquiring Shaffer industrial mixers and manufacturing equipment from Bundy Baking Solutions. The Bundy company will stay minority owner though.
Linxis acquisition, supported by its financial partner IK Partners, offers the opportunity to add hrizontal mixers to the company’s existing portfolio consisting of vertical continuous mixing capabilities.
“The addition of Shaffer enables Linxis Group to build on our family of market-leading brands,” said Tim Cook, president and chief executive officer of the Linxis Group. “Shaffer is well known throughout the industry for providing highly reliable and innovative equipment with a focus on customer service and support. We look forward to continuing that legacy by supporting the team at Shaffer in product development and international expansion.”
Gilbert Bundy, CEO of Bundy Baking Solutions, expressed his opinion about the acquisition: “We are very excited for Shaffer and the new opportunities they will discover as part of the Linxis Group.” He added, “We have had the privilege of working with the Shaffer team for the past 14 years and believe this was the next step in realizing the full market potential of Shaffer. We know that the Linxis Group team, together with the existing Shaffer team, will continue to move Shaffer forward to be the world leader in the horizontal mixer category.”
Furthermore, Linxis Group provides ingredient automation, pre-dough systems and depositing systems.
„With IK Partners, Linxis supports these companies in their mission to grow as leaders in process equipment design and supply in the food and health industries. With the acquisition, Shaffer will be able to take advantage of those resources,“ said Kirk Lang, vice president of Shaffer.
“Joining the Linxis Group provides Shaffer with additional resources for research and development and enables us to further integrate and advance ingredient and mixing systems,” he said. “The ultimate result of this new venture is that now, more than ever, we are able to provide our customers the best mixing solutions and services possible.”