# Food Process Solutions acquires majority stake in Charlottetown Metal Products

Food Process Solutions (FPS) acquired a majority share of Charlottetown Metal Products (CMP), a food processing equipment maker. The deal includes plans to expand CMP's plant in Milton, P.E.I.

- Type: Acquisition
- Announced: 2019-02-12
- Where: Milton, Prince Edward Island, Canada
- Status: announced
- Products: custom stainless steel food processing equipment, food freezing and cooling equipment
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Charlottetown Metal Products](https://endata.com/companies/37244.md) (target)
- [Food Process Solutions](https://endata.com/companies/37270.md) (acquirer)

## Sources

- [cbc.ca](https://www.cbc.ca/news/canada/prince-edward-island/pei-charlottetown-metal-products-acquisition-1.5016330), 2019-02-12: "With a shared focus for hygienic design, CMP is a timely and strategic fit that will add to our capabilities in diversifying product line offerings."

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