CPM purchasing Proline Engineering

Acquisition significantly expands CPM’s metal packaging product portfolio.

CPM Holdings Inc. (CPM) announced this week the acquisition of Proline Engineering based in Manchester, U.K.

Founded in 1996, Proline Engineering is a leading supplier of high-speed, high-volume conveyance solutions, installation and after-market services for the metal packaging industry. Proline will join Greenbank Technology in CPM’s metal packaging solutions platform.

"Proline brings terrific synergies to our metal packaging offering. Proline's bespoke material handling solutions complement CPM's leading position in washer and thermal technologies for the two-piece can industry," CPM president Ted Waitman said. "Most importantly, Proline shares CPM's core values, operating philosophies and unyielding customer commitment."

Former owners Ivan Wroe, Stephen Rimmer, Colin Timms and Gary Jones will continue to serve Proline in leadership and management roles.

"With CPM, Proline will accelerate its global growth and development," Wroe said. "We will build on our industry-leading conveyance technology to connect critical process equipment to create bespoke systems solution to customers around the world."

The Proline acquisition significantly expands CPM’s metal packaging product portfolio, which includes washers, dryers, curing ovens and conveyance solutions. Proline will maintain its operations in Manchester while leveraging CPM's global operational base. CPM will invest resources and align business processes to support growth around the world.

TAGS: Business
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