JBT buys into powder filling
JBT Corporation has purchased an English provider of powder filling systems, PLF International. The purchase price is £28 million, before customary post-closing adjustments. PLF is a privately held company headquartered in Harwich (Essex), England.
“JBT and PLF have collaborated on numerous successful projects over the past 10 years,” Tom Giacomini, chairman, president and CEO of JBT. “Specifically, customers have purchased PLF fillers and JBT closers as part of an integrated solution. Adding PLF’s expertise and complementary products to liquid foods provides a valuable extension to our portfolio. Additionally, we can expand PLF’s business geographically and strengthen its aftermarket opportunities.”
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