DOWNERS GROVE, ILL. — Global engineered equipment and solutions company Duravant LLC announced on July 24 that it would acquire PPM Technologies (PPM) from Stonehenge Partners. Terms of the deal were not disclosed. 

PPM, based in Newberg, Ore., is a manufacturer of conveying, coating and thermal equipment that designs, engineers and manufacturers processing solutions for various markets like snack foods, confectionery, cereals, nutraceuticals, nuts and seeds, vegetables, meats, poultry and seafood. 

Duravant noted that PPM would enhance the company’s portfolio by having new products and technologies that complement Key Technology, a leader in sorting and food handling solutions. 

“PPM is an ideal complement to our existing suite of products in our food processing and handling equipment portfolio,” said Mike Kachmer, chairman and chief executive officer of Duravant. “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.”   

Working with more than 50 countries, PPM puts together designs and customized solutions engineered to optimize efficiency and production. The company operates two US manufacturing sites, a UK sales office and direct sales support in Mexico. It also provides lifetime support to its global customers with aftermarket parts and services performed by expert technicians. 

“We are very excited as we look ahead at our next phase of growth with Duravant,” said Robert Pedersen, president of PPM. “PPM is a perfect complement to Key Technology, and our new partnership will enable us to collaborate on innovation, new product development and strategic growth initiatives, including accelerating our expansion in Europe and Latin America.”