CPM, the world's leading equipment provider for particle size reduction and pelleting, announces the acquisition of UK-based Wolverine Proctor & Schwartz LTD. of Glasgow, Scotland. The company will be combined with CPM's US based Wolverine Proctor, which was acquired in July of 2006.

"This acquisition concludes the reunification of the UK and US based operations of Wolverine Proctor to achieve new levels of global market coverage," said Ted Waitman, CPM president. "This is a proud day for all CPM employees to work together to deliver unprecedented value and innovation to our customers."

CPM is proud to carry-on the Wolverine Proctor legacy and has committed to the following principles:

• Strategic Intent
• To be the worldwide leader in thermal processing equipment for Cereal, Food, Tobacco, Textiles, & Rubber industries. We will be the most respected, capable, and admired process equipment company in our industries served.
• Strategic Advantage
• Ability to apply superior product and process knowledge to design, produce, and deliver products and services that exceed customer expectations, offering the best "Value Package" in the industry.
• Value Package Elements
• Superior Product & Process Knowledge
• Translate customer needs into optimal solutions
• Innovative, Robust, Efficient Designs
• Design for manufacturability, service, maintenance, and repair
• Extraordinary Service & Parts Support
• Courtesy, knowledge, response, follow-up
• Industry Best Order Fulfillment Experience
• From inquiry to production to delivery to aftermarket support