BLAINE, MINN. — Processing equipment supplier CPM announced its acquisition of Jacobs Global, a supplier of aftermarket parts for hammermills and pellet mills. According to CPM, the acquisition will enhance its product offerings, expand its market reach and add capacity to better serve its growing customer base.
“Bringing Jacobs Global into the CPM family is a significant milestone for us,” said David Webster, chief executive officer of CPM. “Their strong team members and their expertise in manufacturing high-quality aftermarket parts together with their commitment to customer service perfectly complements our business model. We are excited to add Jacobs Global’s capabilities and work together with their team to continue our joint legacy of innovation and customer satisfaction.”
Founded in 1934, Jacobs Global has established a name for itself in the milling industry, providing solutions to over 4,000 mills in more than 80 different countries.
The acquisition will include the integration of Jacobs Global’s range of products, including hammermill hammers and screens, pellet mill dies and roller shells, into CPM’s existing offerings. This will allow CPM to offer customers an extensive range of solutions in its animal feed, oilseed and biomass processing operations. According to CPM, by leveraging the combined strengths of both companies, this acquisition will drive significant advancements in product performance and customer satisfaction.
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