Acquiring Company
Duravant
Acquired Company
PPM Technologies
Downers GroveManufacturingManufacturingAgriculture and FarmingFood And BeverageDescription
Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging, and material handling sectors, announced today that it has acquired PPM Technologies (“PPM”) from Stonehenge Partners. PPM is a leading manufacturer of high-quality conveying, coating, and thermal equipment headquartered in Newberg, OR that designs, engineers, and manufactures processing solutions for a wide range of end markets including snack foods, confectionary, cereals, nutraceuticals, nuts and seeds, vegetables, meats, poultry, and seafood. PPM greatly enhances Duravant’s portfolio of automation solutions with new products and technologies that are highly complementary to those of Key Technology, a leader in sorting and food handling solutions and a member of the Duravant family of operating companies.
Quick answer
Duravant is acquiring PPM Technologies, announced July 24, 2023. Duravant is based in Downers Grove, Illinois, United States.
- How much did Duravant pay for PPM Technologies?
- The deal value was not disclosed.
- What does Duravant do?
- Duravant is a global leader in advanced automation solutions operating across the food processing, packaging, and material handling industries.
- Where are Duravant and PPM Technologies based?
- Duravant is based in Downers Grove, Illinois, United States.
- Who are the decision-makers at Duravant?
- Fundz holds 1 contact at Duravant. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired PPM Technologies?
PPM Technologies was acquired by Duravant, based in Downers Grove. The deal was reported on July 24, 2023. Duravant is a global leader in advanced automation solutions operating across the food processing, packaging, and material handling industries. Duravant is privately held and operates in Manufacturing.
When did Duravant acquire PPM Technologies?
Duravant's acquisition of PPM Technologies was reported on July 24, 2023. Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging, and material handling sectors, announced today that it has acquired PPM Technologies (“PPM”) from Stonehenge Partners. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does PPM Technologies do?
PPM Technologies is a global automation solutions provider of smartly engineered equipment and integrated lines for the food processing industry. It is privately held, operating in Manufacturing.
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