# JBT Corporation acquires FTNON for €32 million

JBT Corporation purchased FTNON, a provider of equipment and solutions for the fresh produce, ready meals, and pet food industries, for €32 million. FTNON is headquartered in Almelo, The Netherlands.

- Type: Acquisition
- Announced: 2018-07-12
- Where: Almelo, The Netherlands, Netherlands
- Value: $37.0M (32.0M EUR)
- Status: completed
- Products: fresh cut equipment, robotic cutting, coring, and peeling technology
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [JBT Corp.](https://endata.com/companies/1030.md) (acquirer)
- [FTNON](https://endata.com/companies/33098.md) (target)
- [FTNON Almelo B.V.](https://endata.com/companies/34949.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/jbt-corporation-acquires-ftnon-almelo-bv-and-affiliates-300680360.html), 2018-07-12: "FTNON provides us entry into the fresh cut equipment market, tapping the rapidly expanding demand for ready-to-eat fresh produce"
- [refrigeratedfrozenfood.com](https://www.refrigeratedfrozenfood.com/articles/keyword/4339-food-processing-equipment?page=9), 2018-10-17: "JBT Corp., Chicago, purchased FTNON."

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