Duravant completed the acquisition of PPM Technologies from Stonehenge Partners.

Duravant, a global engineered equipment company, completed the acquisition of PPM Technologies, a global automation solutions provider, from Stonehenge Partners, a private equity firm. Financial terms were not disclosed. “PPM is an ideal complement to our existing suite of products in our food processing and handling equipment portfolio. Our new partnership with PPM bolsters our integration services capabilities which are in high demand as customers are increasingly relying on our applications and design expertise to deliver complete turnkey lines," Mike Kachmer, Duravant Chairman and CEO.