M&A Deal Summary

JBT Acquires Prevenio

On June 28, 2021, JBT acquired chemicals company Prevenio for 170M USD

Acquisition Highlights
  • This is JBT’s 1st transaction in the Chemicals sector.
  • This is JBT’s 3rd largest (disclosed) transaction.
  • This is JBT’s 7th transaction in the United States.
  • This is JBT’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2021-06-28
Target Prevenio
Sector Chemicals
Buyer(s) JBT
Deal Type Add-on Acquisition
Deal Value 170M USD

Target

Prevenio

Bridgewater, New Jersey, United States
Prevenio is a provider of innovative food safety solutions primarily for the poultry industry. Prevenio provides highly effective pathogen protection through its unique anti-microbial delivery solution that significantly enhances food safety and integrity, and creates a safer work environment for its customers and their employees. Prevenio was founded in 2011 and is based in Bridgewater, New Jersey.

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Buyer(S) 1

Buyer

JBT

Chicago, Illinois, United States
Category Company
Founded 1994
Sector Machinery
Employees5,100
Revenue 1.7B USD (2023)
DESCRIPTION

JBT is a global technology solutions provider to food processing and air transportation industries. JBT designs, manufactures, tests and services technologically sophisticated systems and products for regional and multi-national industrial food processing customers through its JBT FoodTech segment and for domestic and international air transportation customers through its JBT AeroTech segment. JBT was incorporated in 1994 and is based in Chicago, Illinois.

DEAL STATS #
Overall 15 of 18
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 12 of 15
State (New Jersey) 1 of 1
Country (United States) 7 of 8
Year (2021) 2 of 3
Size (of disclosed) 3 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 AutoCoding Systems

Cheshire, United Kingdom

AutoCoding Systems Ltd. is a provider of software solutions for the automated set-up and control of end-of-line packaging devices. AutoCoding Systems is based in Cheshire, United Kingdom.

Buy $17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Urtasun

Navarra, Spain

Urtasun is a provider of fruit and vegetable processing solutions specialized in the design and manufacture of the most advanced machinery and innovative solutions for the processing of vegetables and fruit. Urtasun was founded in 1957 and is based in Navarra, Spain.

Buy $40M
Mergr

Product

Company

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