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Newsline: Tetra Pak Completes CPS Acquisition

January 1, 2007

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Tetra Pak has completed the acquisition of Carlisle Process Systems (CPS) from Carlisle Companies Inc. Integration of CPS activities into Tetra Pak existing cheese activities began Dec. 1.

“By adding these products to our current portfolio, we will be able to offer customers complete production solutions for cheese plants including whey powder, and for milk powder plants. In the USA, CPS has a particularly well-established position in the cheese market and the transaction provides Tetra Pak with a better platform for servicing this important market,” says Dennis Jönsson, Tetra Pak president and CEO.

CPS develops and manufactures equipment for cheese and powder production through brands including Scherping, Damrow, and Scheffers. In 2006 the CPS sales revenues is expected to be around $100 million and the number of employees just over 300.

The new entity, Tetra Pak Cheese and Powder Systems, will be led by Tim High, currently president of CPS.

Also last month, Blue Ribbon Cheese Co., California’s newest cheese production facility, selected Tetra Pak as its equipment supplier and engineering and automation solutions provider.


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