# JBT Corp. to acquire LEKTRO, Inc. for $48 million

JBT Corporation announced it has signed an agreement to acquire LEKTRO, Inc., a privately-held manufacturer, for $48 million.

- Type: Acquisition
- Announced: 2019-01-22
- Where: United States
- Value: $48.0M
- Status: announced
- Products: manufacturing equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [JBT Corp.](https://endata.com/companies/1030.md) (acquirer)
- [LEKTRO, Inc.](https://endata.com/companies/19477.md) (target)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Corporate+News/JBT+Corp.+%28JBT%29+to+Acquire+LEKTRO%2C+Inc.+for+%2448+Million/15028107.html), 2019-01-22: "JBT Corporation (NYSE: JBT), today announced it has signed an agreement to acquire LEKTRO, Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.