CPM expands global market reach with strategic acquisition

CPM has acquired Jacobs Global, an important company in the milling industry that provides customized solutions. The acquisition will see Jacobs Global’s products integrated into CPM’s existing offerings, thus providing solutions for animal feed, oilseed and biomass processing operations.

CPM expands global market reach with strategic acquisitionOne of the leading solutions providers of process equipment, engineered technologies and aftermarket parts and services, CPM has announced the acquisition of Jacobs Global, a premier supplier of aftermarket parts for hammermills and pellet mills.

This strategic transaction will enhance CPM’s product offerings, expand its market reach and add capacity to better serve CPM’s growing global customer base. In addition, the transaction unites two industry players behind a shared mission to sustainably feed, fuel and build a better world, CPM pointed out.

“Bringing Jacobs Global into the CPM family is a significant milestone for us,” said David Webster, CEO 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, CPM emphasized that Jacobs Global has established itself as a trusted name in the milling industry, providing customized solutions to over 4,000 mills in more than 80 countries. Known for its durable and efficient replacement parts, Jacobs Global has built a reputation for high service, excellence and reliability.

The acquisition will see Jacobs Global’s extensive range of products, including hammermill hammers and screens, pellet mill dies, and roller shells, integrated into CPM’s existing offerings, thus providing customers with a comprehensive portfolio of solutions for their animal feed, oilseed and biomass processing operations. This acquisition aims to drive significant advancements in product performance and customer satisfaction, leveraging the combined strengths of both companies.