CPM, a solutions provider of process equipment, engineered technologies and aftermarket parts and services, announced the acquisition of Jacobs Global, a premier supplier of aftermarket parts for hammermills and pellet mills.
This strategic transaction will enhance CPM’s product offerings, expand its market reach and add capacity to better serve CPM’s growing global customer base.
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.
“Bringing Jacobs Global into the CPM family is a significant milestone for us,” said David Webster, CEO of CPM. “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.”
Founded in 1934, Jacobs Global provides customised solutions to over 4000 mills in more than 80 countries.