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July 25, 2023
Duravant, a global engineered equipment and automation solutions provider to the food processing, packaging, and material handling sectors, has acquired PPM Technologies from Stonehenge Partners. PPM is a manufacturer of conveying, coating, and thermal equipment that designs, engineers, and manufactures processing solutions for a wide range of end markets including snack foods, confectionery, cereals, nutraceuticals, nuts and seeds, vegetables, meats, poultry, and seafood. PPM is headquartered in headquartered in Newberg, Oregon. PPM serves national and multi-national customers in over 50 countries, and has two manufacturing sites in the U.S., a sales office in the UK, and direct sales support in Mexico. Duravant is headquartered in Downers Grove, Illinois. Stonehenge Partners is an Ohio based private equity fund that focuses exclusively on middle market companies.