CPM Acquisition Corporation (CPM), a leading supplier of processing equipment to the animal feed, oilseed, biofuels, food processing, and plastics compounding industries, has announced the acquisition of Nanjing Ruiya Polymer Processing Equipment Co., Ltd. of Nanjing, China.
Following completion of the acquisition, the CPM Ruiya Extrusion division will be aligned with CPM Century Extrusion. The acquisition will significantly expand CPM’s portfolio of primary processing equipment for markets served by compounding extrusion technologies and extends the existing CPM global solution network in Asia. CPM will continue manufacturing at all existing locations and will continue the production of all existing product lines.
About the companies
Nanjing Ruiya Polymer Processing Equipment Co., LTD. is a leading provider of complete compounding systems, including twin screw extruders, to the plastics and food industries in Asia.
Established in 1883, CPM supplies of process equipment and technology for the animal feed, oilseed, biofuels, compounding, and human food processing industries. CPM’s pelleting, extraction, grinding, flaking, extrusion, thermal processing, scaling, and automation equipment excel in the most demanding applications. CPM business units include California Pellet Mill, Roskamp Champion, Beta Raven, Century Extrusion, Ruiya Extrusion, Wolverine Proctor, and Crown Iron Works. CPM has more than 950 employees with production facilities in the Americas, Europe, and Asia.