JBT Acquires British Packaging Company

JBT Corporation has completed the acquisition of Proseal UK Limited, a leading provider of tray sealing technology for the food industry.

Privately held, Proseal is headquartered in Adlington, UK, with additional production facilities in Richmond, Virginia and Melbourne, Australia. The company is an innovator in environmentally-friendly packaging systems with a manufacturing presence in Europe, the US and Australia.

The purchase price for Proseal was GBP220m, before customary post-closing adjustments.

With machines capable of handling 240 packs a minute, the company has experienced strong growth in export markets through the design, manufacture, assembly and servicing of high-quality tray sealing systems and turnkey production line solutions. Used predominantly for food packaging applications, Proseal drives growth by developing systems that deliver important sustainability benefits through food preservation techniques and reduced energy consumption, says JBT.

Carlos Fernandez, JBT’s executive vice president and president, Liquid Foods, said: “The Proseal acquisition provides JBT with a significant platform in the packaging space adding complementary solutions and value adding technologies to many existing customers across JBT’s Liquid Foods and Protein business segments. Tray sealing contributes to JBT’s efforts to provide greater sustainability as well as extending the shelf-life of foods, providing more labeling space on the package and enhancing product appearance. In particular, Proseal’s tray sealing technology pairs extremely well with current initiatives in the fresh-cut produce and case ready protein markets.”