LINXIS Group (IK Partners) Acquires Shaffer from Bundy Baking Solutions

Hillenbrand Acquires LINXIS Group

October 6, 2022

Manufacturing

Hillenbrand, Inc. completed the acquisition of LINXIS Group from IBERIS INTERNATIONAL S.À R.L. (an affiliate of IK Partners) and other sellers for aggregate consideration of €596.2 million. LINXIS — a global designer and manufacturer of dosing, mixing, drying and coating equipment with six market-leading brands — will join Hillenbrand’s Advanced Process Solutions segment to expand its food‑processing capabilities and aftermarket services.

LINXIS Group (with IK Investment Partners) Acquires Bakon

July 2, 2021

Manufacturing

LINXIS Group, together with financial partner IK Investment Partners, has acquired Bakon, a Dutch designer and manufacturer of depositing, spraying and ultrasonic cutting machines for the baking and confectionery industries. The deal, purchased from Bakon's managers and investor Rabo Investments, expands LINXIS’s Portion Process capabilities (via Unifiller) and broadens its geographic and product offering in food-processing equipment.

Middleby Corporation Acquires Escher Mixers

November 10, 2022

Manufacturing

The Middleby Corporation (NASDAQ: MIDD) acquired Escher Mixers, a Vicenza, Italy–based designer and manufacturer of spiral and planetary mixers for the industrial baking industry. The acquisition expands Middleby’s industrial baking platform and adds automated dough-handling and mixing capabilities to offer full-line integrated solutions for commercial and artisanal bakery customers.

IK Partners Invests in Linxea‑Irbis Group

May 31, 2023

Financial Services

IK Partners has made a minority investment in the Linxea‑Irbis Group, joining existing shareholders NextStage AM and Matignon Investissement to support a new phase of accelerated development. The capital will be used to enhance the group's digital platform, expand services and strengthen the management team as Linxea (online savings distribution) and Irbis (structured products) continue to grow; the transaction is subject to AMF approval.

IK Partners Invests in Schwingshandl Automation Technology

February 28, 2024

Industrial Services

IK Partners' IK Small Cap III Fund has signed an agreement to invest in Schwingshandl automation technology GmbH, a Holzhausen (near Linz), Austria-based provider of customised intralogistics automation solutions. The founders, Thomas Schwingshandl and Enrico Larcher, will retain a significant minority stake and Schwingshandl will pursue continued investment in people, broadened service offerings and international expansion with IK's support.

IK Partners Acquires DRIESCHER

November 22, 2024

Manufacturing

IK Partners' IK X Fund has signed an agreement to acquire DRIESCHER GmbH from the founding family shareholders, with the family reinvesting and co-founders of Czech subsidiary DRIBO selling and reinvesting into the Group. DRIESCHER, a German manufacturer of medium- and low-voltage switches and switchgear with ~500 employees across Germany and the Czech Republic, will partner with IK to pursue product innovation, expand aftersales services, grow in Germany and internationally, and consider bolt-on acquisitions.