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Jbt Corporation Acquires Alco-Food-Machines

PUBLIC · JBTMJul 01, 2022

Acquiring Company

JBT Marel

Acquired Company

Alco-food-machines

ChicagoManufacturingFood and BeverageAgriculture and FarmingHospitalityFood Processing

Description

JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has acquired Alco-food-machines GmbH & Co. KG (Alco), a leading provider of further food processing solutions and production lines.

Quick answer

JBT Marel is acquiring Alco-food-machines, announced July 1, 2022. JBT Marel is based in Chicago, Illinois, United States.

How much did JBT Marel pay for Alco-food-machines?
The deal value was not disclosed.
What does JBT Marel do?
JBT Marel is a leader in food processing and technology solutions, specializing in automation and sustainability.
Where are JBT Marel and Alco-food-machines based?
JBT Marel is based in Chicago, Illinois, United States.
Who are the decision-makers at JBT Marel?
Fundz holds 1 contact at JBT Marel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

JBT Marel

Location

Chicago, Illinois, United States

About

JBT Marel is a leader in food processing and technology solutions, specializing in automation and sustainability. The company focuses on innovative solutions that enhance food safety and resource efficiency in the food industry. They aim to drive growth through the integration of advanced systems and cutting-edge technologies. JBT Marel combines expertise in food processing with a commitment to sustainability and automation.

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Frequently asked

Who acquired Alco-food-machines?

Alco-food-machines was acquired by JBT Marel, based in Chicago. The deal was reported on July 1, 2022. JBT Marel is a leader in food processing and technology solutions, specializing in automation and sustainability. JBT Marel is publicly traded (JBTM) and operates in Manufacturing.

When did JBT Marel acquire Alco-food-machines?

JBT Marel's acquisition of Alco-food-machines was reported on July 1, 2022. JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has acquired Alco-food-machines GmbH & Co. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Alco-food-machines do?

Ob Spiralfroster, Formmaschine oder Marinieranlage: Wir entwickeln hochwertige Maschinen für die Lebensmittelindustrie. Hier geht’s zu unserem Programm! It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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