Duravant to acquire sorting and conveying company Key Technology

Engineered Equipment Manufacturer Duravant to acquire Key TechnologyMaterial handling and processing specialist Duravant announced today that it has agreed to acquire Key Technology, which makes digital sorting, inspecting and conveying equipment for the food industry, in a deal worth approximately $175 million. Key Technology’s portfolio includes highly intelligent optical inspection and digital sorting systems, vibratory conveying systems, and process and preparation systems. As well as headquarters in Walla Walla, Washington State, the company has facilities in the Netherlands, Belgium, Australia and Mexico. Key Technology’s potato processing equipment includes optical inspection systems, laser sorters, sizing, grading, and packaging conveyors, and unique Automatic Defect Removal (ADR®) systems. Duravant said the transaction would “bring together two global engineered equipment leaders” and “significantly extends Duravant’s reach across food processing with new complementary products and applications”. Press release