M&A Deal Summary

JBT Acquires Urtasun

On November 2, 2021, JBT acquired machinery company Urtasun for 40M USD

Acquisition Highlights
  • This is JBT’s 12th transaction in the Machinery sector.
  • This is JBT’s 11th largest (disclosed) transaction.
  • This is JBT’s 1st transaction in Spain.

M&A Deal Summary

Date 2021-11-02
Target Urtasun
Sector Machinery
Buyer(s) JBT
Deal Type Add-on Acquisition
Deal Value 40M USD

Target

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.

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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 16 of 19
Sector: Machinery M&A 12 of 14
Type: Add-on Acquisition M&A Deals 13 of 16
Country: Spain M&A 1 of 1
Year: 2021 M&A 3 of 3
Size (of disclosed) 11 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-28 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.

Buy $170M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-01 Alco-food-machines

Bad Iburg, Germany

Alco-food-machines is a provider of further food processing equipment and production lines. Alco-food-machines was founded in 1977 and is based in Bad Iburg, Germany.

Buy -