JBT Corporation (JBT) has recently acquired Alco-food-machines GmbH & Co. KG (Alco), a leading provider of further food processing solutions and production lines.
“Alco has been a family business for generations and over time has built an excellent reputation in the market for providing leading further processing technology solutions with strong ties in the DACH region,” said Brian Deck, President and CEO of JBT. “Alco represents the ideal fit for JBT where our family of brands approach and our broad food and beverage platform offers a compelling succession opportunity for companies with leading technology and food domain expertise.”
“The acquisition of Alco complements and expands our product offering in further processing, in particular, expanding our offering in convenience meal lines as well as alternative and plant-based protein technology,” said Bob Petrie, EVP and President, Protein. “Bringing our companies and technologies together supports our vision to be the preferred solutions partner for our customers, backed by unparalleled application expertise and best-in-class local service support. Alco also further strengthens our presence and capabilities in the important German market,” added Petrie.
Alco was founded in Germany in 1977 based on the idea from Heinz and Gertrud Algra to make the best machines in the industry, which today, produce everything from noodle sauces, and pizza to convenience and snack foods. “JBT has always been viewed as a leader in food processing, and its approach to preserving the Alco brand and continuing the family legacy of technology and service was of the utmost importance in finding the right partner to acquire the business,” said Isabelle Kleine-Ausberg, former shareholder of Alco. “We are excited about the possibilities in the next phase of growth for Alco,” added Thomas Kleine-Ausberg, Managing Director.
JBT Corporation (JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry with focus on proteins, liquid foods and automated system solutions. JBT designs, produces and services sophisticated products and systems for multinational and regional customers through its FoodTech segment.
