Duravant acquires PPM Technologies from Stonehenge Partners
PPM offers solutions for snack producers, confectionery firms, and other food makers.
Duravant LLC (an equipment and automation solutions provider to the food processing, packaging, and material handling sectors) has announced it has acquired PPM Technologies from Stonehenge Partners. PPM is a manufacturer of conveying, coating, and thermal equipment; it designs, engineers, and manufactures processing solutions for a wide range of end markets including snack foods, confectionary, cereals, nutraceuticals, nuts and seeds, vegetables, meats, poultry, and seafood. The PPM reportedly enhances Duravant’s portfolio of automation solutions with new products and technologies that are complementary to those of Key Technology, a leader in sorting and food handling solutions and a member of the Duravant family of operating companies.
“PPM is an ideal complement to our existing suite of products in our food processing and handling equipment portfolio,” says Mike Kachmer, president and CEO of Duravant. “Our new partnership with PPM bolsters our integration services capabilities which are in high demand as customers are increasingly relying on our applications and design expertise to deliver complete turnkey lines.”