CPM Announces the Acquisition of IDAH
Pictured left to right: Danny Chang, General Manager, IDAH, and Charlie
Spearing, General Manager, CPM Process Solutions.
CPM Announces the Acquisition of IDAH
CPM, a leading solutions provider of process equipment and engineered technologies, today announced the acquisition of IDAH, a move that unites two industry leaders behind a shared mission to sustainably feed, fuel, and build a better world.
“The joining of these two successful enterprises will bring a new dimension of solution and service offerings to our customers' thanks to the perfectly complementary nature of our product portfolios,” said David Webster, CPM President & CEO. “We look forward to utilizing the strong team and capabilities of the IDAH business to expand our global position in the aqua feed, pet food, and plant-based protein processing markets. We are very excited to welcome the IDAH team to CPM.”
Founded in 1974 by James Chang, IDAH has grown from a small plant in rural Taiwan to six global offices serving more than 21 countries. IDAH specializes in pelleting, extruding, and drying equipment, most notably for aqua feed, pet food, snack food, and plant-based protein markets. The IDAH brand has a reputation for high-quality spare parts, machines, and services and today is the number one shrimp feed machine solution provider in the world and the number one provider of aquafeed equipment in Southeast Asia.
“The future of the IDAH business is bright as we celebrate this milestone of joining CPM,” said Chang. “Today, two industry leaders unite as one, accelerating our shared vision to sustainably feed, fuel, and build a better world and driven by our passion to innovate and create robust solutions that meet the evolving needs of our global customers.”
Integration activities are already underway with IDAH joining the CPM Process Solutions business unit, a center of excellence focused on innovative solutions for the consumer food, animal feed, and advanced materials industries. CPM Process Solutions is led by Charlie Spearing, General Manager, and is comprised of the following product brands: Century Extrusion, Extricom, Ruiya, Wolverine Proctor, Planet Dryers, TSA Griddle Systems, and IDAH.
Customers and business partners will continue to be served through their current contacts. CPM and IDAH remain committed to delivering the highest level of service to its customers.
About CPM
CPM Holdings, Inc. is a diversified leading global supplier of process equipment and engineered technologies that sustainably feed, fuel, and build a better world. With its growing family of 17 market-leading product brands, CPM serves a variety of industries including animal feed, consumer food, green energy, advanced materials, and sustainable packaging. Founded in 1883, CPM has 1,700 employees across 36 facilities on 4 continents with a presence in 150+ countries. From the foods you eat to the fuels you require, CPM plays an important role in making the world more efficient and sustainable. For more information, visit OneCPM.com.