Krones Acquires Majority Interest in Trans-Market Sales & Equipment

August 31, 2016

Krones has acquired a majority interest in Trans-Market Sales & Equipment, Inc., a Tampa-based provider of process engineering and automation solutions for the liquid food industry. The previous owners will retain a minority stake and remain engaged in management; the deal strengthens Krones' process-technology capabilities and North American footprint.

Buyers
Krones
Targets
Trans-Market Sales & Equipment, Inc.
Sellers
Previous owners of Trans-Market (retained minority stake)
Location
Florida, United States
Transaction Type
Buyout

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