American Securities Acquires CPM

American Securities LLC, a leading U.S. private equity firm, today announced the closing of its acquisition of CPM Holdings, Inc. (“CPM” or the “Company”) in partnership with the Company’s management team. CPM is a leading global supplier of engineered process equipment to the animal feed, oilseed processing, extrusion and thermal processing markets. Financial terms of the transaction were not disclosed.

Headquartered in Waterloo, Iowa, CPM designs, engineers and manufactures a broad variety of branded pellet mills, oilseed processing equipment, twin screw extruders and industrial scale thermal processing equipment. The Company serves a global base of over 5,000 customers annually from facilities in Europe, Asia, Latin America, and North America. CPM produces premier process equipment and engineered systems that provide customers a superior level of operating efficiency, durability and reliability, maximizing process performance and machine uptime. This has allowed the Company to maintain leading market positions across each of its end markets.

Ted Waitman, President and Chief Executive Officer of CPM, commented, “CPM has a strong history of market leadership. We are excited about our new partnership with American Securities to continue investing in product innovation, geographic expansion and growing our aftermarket sales across all of our segments.”

“We are pleased to partner with Ted and the rest of the CPM management to continue to build upon their leading position in the animal feed, oilseed processing, extrusion, and thermal processing industries,” said Michael Sand, a Managing Director of American Securities. “The Company’s leading technology, brand reputation, and long-standing customer relationships make CPM a strong fit for our investment strategy.”

Weil, Gotshal & Manges LLP served as legal counsel to American Securities, and Mayer Brown LLP served as legal counsel to CPM with respect to the transaction. BMO Capital Markets Corp. acted as a financial advisor to American Securities, and Jefferies LLC acted as financial advisor to the Company with respect to the transaction. Cypress Associates, LLC also served as financial advisor to the CPM Board and its majority shareholder.

We are here for you. Contact us.

upcoming events

16 Sep - 21 September 2019

EMO 2019 Hannover - Germany

24 Sep - 26 September 2019

Expo Biomasa Valladolid - Spain

07 Oct - 10 October 2019

SIPSA Algiers - Algeria

17 Oct - 19 October 2019

AGRENA Cairo - Egypt

03 Dec - 06 December 2019

WOODEX Moscow - Russia


CPM Global Biomass Group in India has successfully completed the testing on a large variety of Indian Agri waste

With an increasing demand for Agri waste pellets in the market, the CPM India and Europe team had decided to conduct a detailed test on the suitability and quality of locally available Agri waste to convert into biofuel pellets.

continue reading