Iowa firm acquires U.K. equipment maker
Waterloo, Iowa-based CPM Roskamp Champion has acquired Greenbank Technology Ltd. in Blackburn, England. CPM has several business units making particle size reduction and pelleting equipment for feed mills, oilseed crushers, ethanol and biomass plants, and other industries. Greenbank makes high-value thermal processing equipment such as dryers, ovens, washers, and air-pollution-control and heat-recovery systems. The acquisition expands CPM's business into metal decoration, and pulp and paper.