JBT Corporation, an American food processing machinery company, has signed an agreement to purchase A&B Process Systems (A&B), a leading provider of processing systems for the food and beverage industry, for $102 million.
Located in Stratford, WI, A&B specializes in the design, manufacturing, automation and installation of liquid foods turnkey production systems. This acquisition, combined with JBT's recently completed acquisition of Stork Food & Dairy Systems, strengthens JBT's liquid foods portfolio. A&B also brings a large field service operation that will strengthen JBT's installation and aftermarket business.