John Bean Technologies Corporation (NYSE:JBT) signed a definitive agreement to acquire SCHRODER Maschinenbau GmbH & Co. KG from Weber Maschinenbau GmbH Breidenbach on December 22, 2017. As part of the transaction, the two divisions of SCHRODER Maschinenbau, namely the Schröder Food division and the development and production of thermoforming packaging machines divisions will be split between John Bean Technologies Corporation and Weber Maschinenbau, respectively. SCHRODER Maschinenbau’s second business unit, the development and production of thermoforming packaging machines, will remain part of the Weber Maschinenbau group while the firstly mentioned Schröder Food division will be sold as the entity to John Bean Technologies as part of this transaction.