Mazzone advises BouMatic, LLC with respect to the acquisition of SAC Group
Mazzone & Associates (“Mazzone”) is pleased to announce that it acted as exclusive financial advisor to BouMatic, LLC (“BouMatic”), a global leader in the dairy equipment and robotics space, with respect to BouMatic’s acquisition of substantially all of the assets of SAC Group (“SAC”), a Denmark-based manufacturer of milking equipment.
Carsten Nielsen, General Manager of BouMatic Europe, stated, “We’re excited to join forces with SAC; this partnership brings unprecedented opportunities in line with our strategy to grow globally and expands our reach to partner up with dairy farmers worldwide. Our thanks to the Mazzone team, who provided sound strategic guidance and deal coordination throughout the process.”
BouMatic CFO Ken Artz added, “The combination of BouMatic and SAC yields significant growth potential that goes beyond what would have occurred as standalone companies. The Mazzone team assisted in organizing the transaction process and was instrumental in providing diligence support.”
Reflecting on the transaction, John Kotts, Owner of BouMatic, noted, “We are excited to welcome SAC Group into the BouMatic family; as a combined company, BouMatic and SAC will drive the future of the dairy industry for decades to come. I’ve personally worked with one principal at Mazzone for over 20 years, and the Mazzone team proved yet again to be experts in negotiating, structuring, and executing cross-border transactions.”
Maury Bell, Managing Director at Mazzone & Associates, commented, “BouMatic is a premier player in the global milking equipment space, and the acquisition of SAC only further solidifies the company’s market-leading position. It was a pleasure to work with the BouMatic team and Mr. Kotts, and we are pleased to have completed another successful transaction for BouMatic.”
About BouMatic
BouMatic is a leading global manufacturer of dairy equipment and robotics with more than 400 employees across its six locations. The company is headquartered in Madison, Wisconsin, with additional operations in Texas, Denmark, The Netherlands, Belgium, and France. BouMatic’s product catalogue ranges from cow ID, health, and traffic systems to milk collection systems, along with management and automation systems, milk cooling systems, on-farm hygiene, cleaning technologies for dairy plants, and manure handling systems. BouMatic’s products are currently marketed in more than 45 countries worldwide. For more information, please visit www.boumatic.com.
Going forward, BouMatic is seeking additional acquisitions that will expand the company’s footprint, enhance its product suite, and introduce innovative solutions to the dairy industry. Please contact Maury Bell at mbell@mazzoneib.com or Dustin Dawson at ddawson@mazzoneib.com with any prospective opportunities.
About SAC Group
Founded in 1938, SAC produces both traditional and automatic milking systems that are easy to use and maintain, are good for the animals, and are ergonomically optimal. SAC also operates Netherlands-based dairy knowledge center, Hokofarm Group, that places additional focus on data-driven milking and feeding technology. In addition to Hokofarm Group in the Netherlands and headquarters in Denmark, SAC maintains operations in Russia and France.