JBT Corp., Chicago, purchased FTNON, a provider of equipment and solutions for the fresh produce, ready meals and pet food industries, based in The Netherlands.
"FTNON provides us entry into the fresh cut equipment market, tapping the rapidly expanding demand for ready-to-eat fresh produce," says Tom Giacomini, chairman, president and CEO. "It also brings robotic technology for cutting, coring and peeling fruits and vegetables – a valuable capability that reduces customers' labor requirements. As part of JBT, we foresee opportunities to expand FTNON's global penetration, grow its aftermarket business and enhance profitability."