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JBT to acquire UK tray sealing technology maker Proseal for £220 million
JBT Corporation signed a definitive agreement to acquire Proseal uk Limited, a tray sealing technology provider headquartered in Adlington, UK, for £220 million before adjustments, with closing expected in Q2 2019.
Value
$286.0M (220.0M GBP)
Productstray sealing technologytray sealing machines
“The purchase price is £220 million, before customary post-closing adjustments.”prnewswire.com
- 2 sources
- prnewswire.comJBT Corporation Signs Definitive Agreement to Acquire Proseal, a Leading Provider of Tray Sealing TechnologyApr 29, 2019
- packworld.comJBT Corp. to acquire Proseal | Packaging WorldMay 9, 2019
Summarized from public sources; check the original articles before acting on it.
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