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6 months ago
BRIEF-JBT Corp acquires Avure, a leading provider of high pressure processing solutions
February 27, 2017 / 9:53 PM / 6 months ago

BRIEF-JBT Corp acquires Avure, a leading provider of high pressure processing solutions

Feb 27 (Reuters) - John Bean Technologies Corp

* Jbt corporation acquires avure, a leading provider of high pressure processing solutions

* John bean technologies corp - purchase price is $57 million

* John bean technologies corp - acquisition of avure expects to add annual revenue of approximately $50 million

* John bean technologies corp - anticipates earnings accretion of $0.07 - $0.12 per share for 2018 and $0.12- $0.17 per share for 2019 from deal

* John bean technologies corp sees approximately $0.05 per share of dilution for year in 2017 from deal Source text for Eikon: Further company coverage:

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