IK-owned Linxis Group acquires Unifiller Systems

Linxis Group has acquired Unifiller Systems Inc, a Vancouver-based designer and maker of portioning and depositing equipment for small and mid-sized bakeries.

No financial terms were disclosed.

Founded in 1988, Unifiller is led by President and CEO Mark Soares.

Linxis, a Nantes, France-based provider of specialized equipment solutions for the bakery, pharmaceutical and cosmetics industries, said the deal will further expand its global footprint and equipment portfolio.

In 2017, European private equity firm IK Investment Partners acquired a majority stake in Linxis from Equistone Partners Europe.

PRESS RELEASE

Linxis Group Announces the Acquisition of Unifiller Systems

January 09, 2019

Linxis Group, a leader in specialized equipment solutions for the bakery and health industries, announces the acquisition of Unifiller Systems (“Unifiller”), a global leader in the design and manufacturing of portioning and depositing equipment for small and mid-sized bakeries.

Based in Vancouver, Unifiller Systems offers a wide range of industry-recognized equipment solutions for its international base of clients. With this acquisition, Linxis Group, parent company of VMI, Diosna and Shick-Estève, further expands its international footprint and equipment portfolio.

“We are very pleased to join the Linxis team, we share the same passion for innovative solutions and the same focus on operations. Our strategic view is fully aligned and we are convinced that Linxis can help us in the next phase of our expansion,” said Mark Soares, CEO of Unifiller.

“With its portfolio of market-leading equipment, strong reputation and robust track record of success, Unifiller is a perfect fit for Linxis. We share the same values and continuous focus on delivering the highest quality standards to our customers. We are very pleased to welcome Mark and his team: they will bring their deep industry expertise,” added Didier Soumet, CEO of Linxis Group.

Linxis Group welcomed the IK VIII Fund, advised by IK Investment Partners, as majority shareholder in October 2017.

About Linxis Group
Linxis is a global leader in specialized equipment for bakery, pharmaceutical, and cosmetics industries. Primarily based in France, Germany and the US, the group consists of leading companies focusing on mixing technologies (VMI and Diosna) and ingredient dosing systems (Shick Esteve), and addresses both industrial and craft production. Through its various subsidiaries, the group employs approximately 800 people. For more information, visit www.linxisgroup.com

About IK Investment Partners
IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised more than €9.5 billion of capital and invested in over 120 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit www.ikinvest.com