AMF: Completes Acquisition of BakeTech

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AMF Bakery Systems announced that they had completed the acquisition of Baking Technology Systems Inc. (BakeTech) of Tucker, Georgia. Geri Walker, one of the founders of BakeTech who will continue as the president of the renamed entity – AMF/BAKETECH – stated, «during this process we had clear confirmation that this combination with AMF will best serve our customers and the people who helped build this company. We have very similar values with the folks at AMF when it comes to innovation, taking care of our people, and especially taking care of our customers». Ken Newsome, president of AMF: «This strategic addition accomplishes our goal of being the global leader in complete high-speed bread and bun bakery systems. BakeTech has become the dominant supplier of continuous baking systems and we are grateful to have this leading edge company become part of the AMF family».

Source: Bakenet