JBT Corporation completed the acquisition of Alco-food-machines.

JBT Corporation, a packaging machinery manufacturing company, completed the acquisition of Alco-food-machines, a mechanical engineer. Financial terms were not disclosed. “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. 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," Brian Deck, JBT President and Chief Executive Officer.