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New Deal


Announced

Completed

Carrier Process Equipment Group completed the acquisition of Kinergy Corporation.

Synopsis

Carrier Process Equipment Group, a material handling and processing equipment firm, completed the acquisition of Kinergy Corporation, a custom-engineered vibrating equipment manufacturer. Financial terms were not disclosed. "The acquisition of Kinergy Corporation strengthens our leadership position in the critical food, specialty chemicals, minerals and recycling markets. This addition continues our growth strategy of expanding our product lines through a combination of acquisitions and new product development," Doug Schieber, CPEG President and CEO.

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