Dec 03, 2018

CPM Acquired by Private Equity Firm

Financial terms of the transaction were not disclosed

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.”

Recently Added to Buyer's Guide

Model FA Belt Cleaner

  • Multi-bladed spring arm conveyor belt cleaner
  • Available with 7 different blade materials ranging from urethane to stainless steel to tungsten carbide

3-Rolls Assembly Upgrade

  • For Paladin 2000 automatic roller adjustment system
  • Provides adjustable spacing between die and rolls to allow producers to set perfect distance for different recipes in one pellet mill

Pneumatic Conveying System

  • Pneumatic dense phase conveying is dust tight
  • Enables low-abrasion transport as well as complete emptying of the conveyor pipe

FSU101 Bag Sealer

  • Seals up to 25 bags/minute depending on size, weight and type of high barrier material
  • Resistance-type heat seal bars with dual temperature controls

I/O Interface

  • Interface forms a smart and universal actuator
  • Offers endless modifications to give full control of exact functionalities

Magazine

Marketwatch: May, 28

US Corn Price Idx: ZCPAUS.CM

open: 7.6273
high: 7.741
low: 7.6223
close: 7.7113

US Soybean Price Idx: ZSPAUS.CM

open: 16.9414
high: 17.1044
low: 16.9237
close: 16.9795

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 11.718
high: 11.9549
low: 11.658
close: 11.7977

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 10.8628
high: 11.0906
low: 10.8128
close: 10.9646