Hillenbrand has completed its acquisition of Peerless Food Equipment, a global commercial food equipment and solutions provider. Peerless will be a part of the Coperion food, health and nutrition division, joining previous acquisitions, LINXIS Group and Gabler Engineering. The Peerless acquisition positions Coperion to further expand their technical capabilities and offerings to better support global customers.
Peerless has a strong reputation with complementary technologies to the equipment currently offered within Coperion’s food, health and nutrition division. Integrating Peerless will provide scale and support to grow customer offerings in the food industry. Together, the division will have an expanded global footprint that leverages their respective expertise and provides opportunities to grow their portfolios, technological capabilities, and further strengthen Coperion’s position in the food end market.
“We are confident Peerless will be an excellent fit within Coperion’s food, health and nutrition division, as we share the philosophy of engineering innovation and a deep commitment to customers. By leveraging our combined capabilities, we will be able to provide more comprehensive processing solutions, which will significantly enhance our value proposition to customers,” said Eric Cruse, general manager of Peerless Food Equipment.
The food, health and nutrition division is comprised of the following brands: including Bakon, Coperion, Gabler Engineering, Diosna, Peerless, Shaffer, Shick Esteve, Unifiller, and VMI, that serve customers in more than 100 countries.
“The acquisition of Peerless builds upon recent investments at Hillenbrand. Strategically, the premier industrial equipment and technologies Peerless provides to customers around the world, as well as their strong reputation in the industry, will be instrumental in even further expanding Coperion’s position in the food market,” concluded Kevin Buchler, president of Coperion’s food, health and nutrition division.