# JBT to acquire Tipper Tie from Dover for $160 million

JBT Corp. agreed to buy Tipper Tie, Inc. from Dover Corp. for $160 million before post-closing adjustments, with closing expected in the fourth quarter of 2016.

- Type: Acquisition
- Announced: 2016-10-05
- Where: United States
- Value: $160.0M
- Status: announced
- Products: engineered food processing equipment
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [JBT Corp.](https://endata.com/companies/1030.md) (acquirer)
- [Dover Corp.](https://endata.com/companies/1031.md) (partner)
- [Tipper Tie](https://endata.com/companies/1032.md) (target)

## Sources

- [yumda.com](https://www.yumda.com/en/news/packaging-solutions/business/packaging/order_tri/), 2017-03-02: "JBT Corp. said it has signed an agreement to acquire Tipper Tie, Inc. from diversified global manufacturer Dover Corp. for $160 million, before customary post-closing adjustments."

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