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CPM Acquires UK-Based Greenbank Technology

September 16, 2008
CPM, a leading equipment provider for particle size reduction, pelleting, and thermal processing, has announced the acquisition of UK-based Greenbank Technology Ltd of Blackburn, England. The acquisition expands CPM’s thermal processing product offering into metal decoration, web, pulp, and paper market segments.
 
“Greenbank has emerged as the new drying leader for the two-piece can market,” said Ted Waitman, CPM president. “This leadership position, coupled with Greenbank’s storied legacy in the paper, pulp, and web industries, makes Greenbank an ideal addition to CPM’s family of companies. Greenbank and Wolverine Proctor will work together in areas of design, sales, service, and production to deliver unprecedented value to our customers.”

David Wilkinson, Greenbank managing director, added, “This is an exciting day for Greenbank employees and customers. With CPM, we will leverage an expanded network of capabilities ensuring that we continually exceed customer expectations.”

Greenbank offers high-value thermal process systems including dryers, ovens, washers, air pollution control, and heat recovery systems. CPM offers world-class equipment and after-market sales and support for particle size reduction, preparation and agglomeration in feed milling, oilseed processing, ethanol, biomass, pet food, cereal, snacks, and compounding industries. The company also serves the corn wet milling, extrusion, microbrewery, and wood industries.

CPM’s business units include Beta Raven, California Pellet Mill, Century Extrusion, Crown Iron Works, Roskamp Champion, Ruiya Extrusion, and Wolverine Proctor. CPM has more than 1000 employees and production facilities in the Americas, Europe, and Asia.

For more information, visit www.cpmroskamp.com.