CPM announces strategic acquisition of Jacobs Global
US-headed CPM Holdings, Inc. (CPM), a leading solutions provider of process equipment, engineered technologies, and aftermarket parts and services, has announced the acquisition of Jacobs Global, a premier supplier of aftermarket parts for hammermills and pellet mills.
According to a statement, this strategic transaction, the value of which has not been disclosed, will “enhance CPM’s product offerings, expand its market reach, and add capacity to better serve CPM’s growing global customer base.
In addition, the transaction unites two industry leaders behind a shared mission to “sustainably feed, fuel, and build a better world.”
Bringing Jacobs Global into the CPM family is a significant milestone for us. Their strong team members and their expertise in manufacturing high-quality aftermarket parts together with their commitment to customer service perfectly complements our business model. We are excited to add Jacobs Global’s capabilities and work together with their team to continue our joint legacy of innovation and customer satisfaction, said David Webster, CEO of CPM.
Global spares and replacement parts provider
Founded in 1934 in Harlan, Iowa (IA), Jacobs Global has established itself as a trusted name in the milling industry, providing customized solutions to over 4,000 mills in more than 80 countries.
Known for its durable and efficient replacement parts, Jacobs Global has built a reputation for high service, excellence, and reliability.
The acquisition will see Jacobs Global’s extensive range of products, including hammermill hammers and screens, pellet mill dies, and roller shells, integrated into CPM’s existing offerings, thus providing customers with a comprehensive portfolio of solutions for their animal feed, oilseed, and biomass processing operations.
This acquisition will drive significant advancements in product performance and customer satisfaction, leveraging the combined strengths of both companies.
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