Germany’s Baader acquires Icelandic equipment manufacturer

Germany’s Baader acquires Icelandic equipment manufacturer

After taking a majority stake in the firm at the end of 2020, German giant Baader acquires full Icelandic group, Skaginn 3X. Through this operation, Baader will develop pelagic and whitefish processing solutions. Also, subchilling, thawing, freezing and co-product handling for the seafood, poultry and meat sectors.

"With Skaginn 3X being a full member of Baader, we can now position ourselves as a full solution provider for all fish species," Baader Managing Director, Robert Focke said. Gudjon Olafsson will continue to lead the business in Iceland, supported by Johanna Waagfjord as CFO.

Baader serve the world with proteins and food, with a future-proofed superior portfolio of value-adding processing solutions that are safe, sustainable, holistic and precise, from the efficient and gentle handling of raw resources to finished and packed food products.

Skaginn3X is an innovative producer of high-tech processing systems for the global food processing industry. The company offers a range of patented chilling, freezing and thawing solutions as well as efficient food processing systems.

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