WATERLOO, IOWA, US — CPM Holdings Inc., a manufacturer, distributor and designer of processing equipment for the animal feed, oilseed, food, and engineered materials industries, has acquired Bliss Industries LLC, Ponca City, Oklahoma, US.
Financial terms of the transaction were not disclosed.
Founded in 1981, Bliss manufactures hammermills, pellet mills, pellet coolers, crumblers and other products for the grain, feed, wood, oil and flour milling industries.
“We are excited to partner with Bliss Industries and broaden our product offering and expand our customer base,” said David Webster, chief executive officer of CPM Holdings. “Like CPM, Bliss’s equipment is respected for its world-class quality and durability. We look forward to working with the Bliss team to build upon their track record of success and accelerate their growth.”
Paul Gill, president and CEO of Bliss, added, “In addition to our complementary product lines, our companies are like-minded,” Gill said. “We place high value on customer relationships, and we are known for the collective industry knowledge and expertise of our teams. By joining the CPM family, we can accelerate our capability for product innovation and provide even greater service to our customers.”