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Woodbridge International Closes Sale of ICB Greenline to Bettcher Industries, Inc.

December 23, 2020

Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, ICB Greenline by Bettcher Industries, Inc.

ICB Greenline, located in Charlotte, NC manufactures, assembles and sells overhead conveyor systems primarily used in the poultry industry. The company’s premier customer base includes some of the largest poultry processing companies in the world. They are a subsidiary of Rodriguez GMBH, based in Eschweiler, Germany.

Bettcher Industries, Inc., located in Birmingham, OH, is a portfolio company of MPE Partners, Boston, MA. It is a leading developer and manufacturer of innovative precision cutting and trimming tools for food processing and industrial applications. The company is a member of the Northeast Ohio manufacturing community for over 75 years and an international company doing business in more than 70 countries the world over.

MPE Partners, (Morgenthaler Private Equity) located in Boston, MA and Cleveland, OH is a recognized leader in lower middle market private equity investing.

Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business.