JBT acquires Urtasun TecnologĂ­a Alimentaria S.L.
date:Nov 05, 2021
grating Urtasun into FoodTech, we can leverage JBTs global sales and service footprint to accelerate growth.

The purchase price was approximately $40 million. Urtasun expects 2021 revenue of approximately $25 million with Adjusted EBITDA margins in the mid to high-teens. The transaction is expected to be approximately four cents dilutive to 2021 GAAP earnings per share and one cent dilutive on an adjusted basis which excludes transaction-related costs and purchase price accounting. In 2022, Urt
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