WINNIPEG, MANITOBA, CANADA — Ag Growth International, Inc. (AGI) has acquired Sabe Group Companies, a provider of processing solutions for the food, pet food, animal feed, fertilizer and biomass industries.
Based in Chauché, France, Sabe sales and adjusted EBITDA in its most recently completed fiscal year were approximately €16.4 million and €2.5 million, respectively.
Sabe offers turnkey services, including engineering, project management, manufacturing of equipment and installation.
This is the latest addition to AGI’s food platform, which also has included the recent purchase of Mitchell Mill Systems and Danmare.