JBT Corporation Acquires Leading UK Commercial Oven Manufacturer
CHICAGO, May 12 -- JBT Corporation (NYSE:JBT) today announced that its JBT FoodTech business acquired the assets of Scottish-based Double D Food Engineering Ltd. (Double D). Double D is a UK leader in designing, manufacturing and servicing custom built ovens for bakery and protein products. Terms of the transaction were not disclosed.
The acquisition of Double D will further enhance JBT FoodTech's solutions for the bakery market through Double D's complementary bakery offering. Additionally, the flexibility in design and production capacity of Double D's ovens will expand JBT FoodTech's offerings within the global protein processing segment.
"Double D provides cooking technologies that complement and extend our product portfolio of ovens," stated Torbjorn Arvidsson, Vice President and Division Manager for JBT FoodTech's Food Solutions and Services Division. "We are excited about this opportunity to leverage JBT's global capabilities to market Double D's products around the world."
About JBT Corporation
JBT Corporation (NYSE:JBT) is a leading global technology solutions provider to the food processing and air transportation industries. JBT Corporation designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT Corporation employs approximately 3,400 people worldwide and operates sales, service, manufacturing and sourcing operations located in over 25 countries. For more information please visit www.jbtcorporation.com or www.jbtfoodtech.com.
Source: JBT Corporation
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Web Site: www.jbtcorporation.com/ www.jbtfoodtech.com/
