JBT Corporation signs definitive agreement to acquire Schröder Food Processing
The two divisions of Schröder Maschinenbau GmbH & Co. KG (“Schröder”) will belong to different companies in 2018. Management and partners of Weber Maschinenbau GmbH Breidenbach announced on December 22, 2017 that Schröder Food will be sold to a subsidiary of JBT Corporation (“JBT”). For JBT, a broad-based U.S.-headquartered food processing system provider, this is a strategically important decision. Shortly after the acquisition of Schröder by Weber, JBT had expressed strong interest in the Schröder Food division, which includes the machines and systems of curing and marination technology. "Upon getting to know JBT, we have come to the conclusion that this decision is the only one that is right for the further development and growth of the food division. Especially regarding JBT’s strong global presence, the company presents excellent opportunities and perspectives for Schröder", explains Tobias Weber, Managing Partner of the Weber Group.
Schröder's second business unit, the development and production of thermoforming packaging machines, will remain part of the Weber Group. "We will massively expand the packaging division in Werther as well as in the group. Together with the packaging experts from Schröder, we will position ourselves as a powerful system provider in the market. Our aim is to become the market leader in the field of packaging machinery for sliced products", emphasizes Tobias Weber. By the enlargement of the product portfolio with thermoforming packaging machines, Weber remarkably increases its line competence and enables the supply of perfectly integrated line concepts – from weight-accurate slicing to precise loading and packaging. The intended transaction will not only create an optimal growth environment for both business units, but also the customers will significantly benefit from better line and service coverage within these divisions.
In addition to extensive investments in technology and development, Weber will also invest in the Werther location, where a new building will arise as the center of packaging technology.
For more information, visit www.weberweb.com.