JBT Corporation Acquires Prevenio

July 9, 2021

JBT Corporation agreed to acquire Prevenio (fka CMS Technology) in an all-cash transaction for $170 million. The acquisition brings Prevenio’s food-safety technology and recurring revenue streams into JBT’s FoodTech portfolio and represents an exit for investor WP Global Partners.

Buyers
JBT Corporation
Targets
Prevenio
Sellers
WP Global Partners
Industry
Food & Beverage
Location
New Jersey, United States
Transaction Type
Buyout

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