Schenck Process Group (SPG) has reached an agreement to acquire Baker Perkins, a leading global supplier of food processing equipment and aftermarket services for the bakery, confectionery, biscuit, cookie and cracker, breakfast cereal, and pet food end-markets. Upon completion, the business will continue to be run by the existing managing directors as part of the SPG regional business structure. The transaction is expected to close in the last quarter of this year.
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