BioFuels Journal

CPM Acquires UK-Based Greenbank Technology

CPM ACQUIRES UK-BASED GREENBANK TECHNOLOGY

Waterloo, IA—CPM, a global equipment provider for particle size reduction, pelleting and thermal processing, Sept. 15 acquired Greenbank Technology Ltd of Blackburn, England.

The company 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." said Waitman.

"Greenbank and Wolverine Proctor will work together in areas of design, sales, service and production to deliver unprecedented value to our customers," Waitman added.

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 thermal process systems including dryers, ovens, washers, air pollution control and heat recovery systems. Greenbank has long been known for industry leading innovation, operating efficiency, reliability and performance.

CPM offers 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 1,000 employees and production facilities in the Americas, Europe and Asia.

For more information, call CPM at 800-366-2563.