Founded in 2007, the Petersborough-headquartered company manufacturers industrial dryers, roasters, coolers and related equipment for the snack foods and ready-to-eat breakfast sectors.
Planet Dryers will join Wolverine Proctor and TSA Griddle Systems as part of the CPM Thermal Group, but will retain its own identify and workforce.
“We are thrilled about this exciting partnership and the opportunity to expand both companies’ customer base, global reach, and product offerings,” said Kevin van Allen, director of sales and marketing for CPM Thermal Group.
“Like CPM, Planet Dryers is renowned for its high-quality products and service, and together we know we can achieve even more.”
Business as usual
The company confirmed that business will run as usual, and Planet Dryers’ customers will see no change in the level of service they receive.
Added Ian Carter, MD of Planet Dryers, “I’m excited for the Planet Dryers team to be part of the growing global thermal division of CPM as the business styles and product lines are complementary to each other – with high value placed on customer relationships, industry expertise and product innovation.
“I’m sure together the companies will achieve incredible success.”
CPM Thermal Group is a division of Minnesota-based CPM Holdings, a leading supplier of process equipment and systems serving commodity and value-adding producers around the world.
CPM Wolverine Proctor over a 200 year-history of breaking the mould with its engineering design capabilities in thermal processing and turnkey capability in cereal production and snack processing lines. The company invented the JetTube air handling technology that’s now a staple of in many food and fibre products.