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CPM Acquired by Private Equity Firm

Financial terms of the transaction were not disclosed

Cpm logo 1085220611

American Securities LLC, a U.S. private equity firm, announces the closing of its acquisition of CPM Holdings Inc. in partnership with the CPM's management team.

CPM is a leading global supplier of engineered process equipment to the animal feed, oilseed processing, extrusion and thermal processing markets.

Financial terms of the transaction were not disclosed.

Headquartered in Waterloo, IA, CPM designs, engineers and manufactures a broad variety of branded pellet mills, oilseed processing equipment, twin screw extruders and industrial scale thermal processing equipment.

CPM serves a global base of more than 5,000 customers annually from facilities in Europe, Asia, Latin America and North America.

“CPM has a strong history of market leadership,” says Ted Waitman, president and chief executive officer of CPM. “We are excited about our new partnership with American Securities to continue investing in product innovation, geographic expansion and growing our aftermarket sales across all of our segments.”

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