Tetra Pak has completed the transaction of Carlisle Process Systems (CPS) from Carlisle Companies Inc. As of December 1, 2006, the integration of CPS activities into Tetra Pak existing cheese activities begins.
“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 MUSD 100 and the number of employees just over 300.

“The product portfolio and geographic coverage are extremely complimentary. The rationale for the transaction is...