German firm Baader acquires majority stake in Irish software company Emydex

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German company Baader has acquired a majority stake in Irish-based software firm Emydex for an undisclosed sum.

The Irish company, which was founded in 2004, provides scalable manufacturing execution system software for the food processing sector worldwide. Emydex offers software for process management in the food industry, with its technology used in food processing facilities across Canada, New Zealand, Australia and South Africa.

The deal will mean Emydex becomes a subsidiary of Baader, growing its market reach through the German company’s global presence. For Baader, the acquisition brings new digital capabilities, helping to establish it as a leader in digitalisation for the food processing industry, and implement new technologies such as artificial solutions.

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Nederland Laatste Nieuws, Nederland Headlines