American Securities LLC completed the sale of CPM Holdings Inc. to Rosebank Industries plc for approximately $2.1 billion, the private equity firm announced May 12.
Eight-year partnership concludes
The transaction marks the end of American Securities’ ownership of the Blaine, Minnesota-based company, which began with its 2018 investment. During that period, CPM strengthened its position across key end markets while expanding higher-margin aftermarket and recurring revenue offerings.
CPM specializes in highly engineered processing equipment used in oilseed processing, animal feed production, renewable energy, plant-based foods and industrial materials. The company serves customers globally with automation solutions and process equipment.
Growth through innovation and expansion
Under American Securities’ ownership, CPM increased its presence in growth areas including renewable energy and invested in talent, technology and operational capabilities. The company developed Monarc, a proprietary technology designed to help customers produce clean label products more safely and efficiently at scale.
“We are incredibly proud of what the CPM team accomplished during our partnership,” said Michael Sand, partner at American Securities. “Together, we strengthened the company’s operational capabilities, expanded into new markets, and advanced innovative technologies that position CPM for continued long-term growth.”
Strategic buyer acquisition
London-listed Rosebank Industries acquired CPM as part of its strategy to expand in the industrial equipment sector. The acquisition gives Rosebank access to CPM’s established customer base and technological capabilities across multiple end markets.
Sand thanked Dave Webster and the CPM team, expressing confidence in their continued success under Rosebank’s ownership.
