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Team Private Equity

Bakon Food Equipment

Year of investment: 2016

Food & Agri

Minority investment

Private Equity

Exit

Goes, the Netherlands

Bakon Food Equipment designs and manufactures standardised and customised depositing, spraying and cutting machines, as well as complete production lines, for industrial confectionery producers, retailers and traditional bakeries. Its equipment helps customers process pastry products efficiently, reliably and at high volumes.

A partnership built for impact

Rabo Investments supported management with financial, strategic and commercial insight as Bakon developed into a leading specialist serving customers worldwide. The subsequent sale to Linxis Group created a platform for Bakon to accelerate its international growth by drawing on the wider group’s experience, infrastructure and network.

“Ronald and his team represent a great manufacturing company in the Netherlands. We have seen Bakon Food Equipment transforming in a leading niche player in the bakery equipment industry, a sector we know well due to our Food & Agri focus, knowledge and network. For the coming years, we believe Linxis Group is the right partner enabling Bakon to further accelerate its growth.”

— Roelant Mantel, Executive Director at Rabo Investments