# JBT Corporation completes Proseal and Prime Equipment acquisitions

JBT Corporation completed the acquisitions of Proseal UK Limited for $280 million and Prime Equipment Group for $65 million. Both were announced on June 3, 2019.

- Type: Acquisition
- Announced: 2019-06-03
- Where: United States
- Value: $345.0M
- Status: completed
- Products: tray sealing technology, poultry processing equipment
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [JBT Corp.](https://endata.com/companies/1030.md) (acquirer)
- [Prime Equipment Group](https://endata.com/companies/3487.md) (target)
- [Proseal UK Ltd.](https://endata.com/companies/39196.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/jbt-corporation-completes-proseal-acquisition-and-announces-the-acquisition-of-prime-equipment-group-inc-300860286.html), 2019-06-03: "The acquisition of Prime advances our goal of becoming the preferred provider of full-line solutions for poultry customers with the addition of Prime's primary processing capabilities."
- [profoodworld.com](https://www.profoodworld.com/home/news/13279854/jbt-completes-2-acquisitions), 2019-06-03: "JBT Corporation has completed the acquisition of Proseal uk Limited, a provider of tray sealing technology, and Prime Equipment Group, Inc., which manufactures turnkey primary and water reuse solutions for the poultry industry."

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