XML 44 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Sub Event (Tables)
3 Months Ended
Mar. 31, 2018
Subsequent Event [Line Items]  
Subsequent Event, Pro Forma Business Combinations or Disposals [Text Block]
On April 3, 2018, the company completed its acquisition of all of the capital stock of Ve.Ma.C Srl ("Ve.Ma.C"). Ve.Ma.C is a leading designer and manufacturer of handling, automation and robotics solutions for protein food processing lines for a purchase price of approximately $12.3 million. Ve.Ma.C is located in Castelnuovo Rangone, Italy and has annual revenues of approximately $15.0 million.
On April 27, 2018, the company completed its acquisition of all of the capital stock of Firex S.r.l. ("Firex"). Firex is a leading manufacturer of steam cooking equipment for the commercial foodservice industry for a purchase price of approximately $64.6 million. Firex is located in Sedico, Italy and has annual revenues of approximately $20.0 million.
On May 10, 2018, the company completed its acquisition of all of the capital stock of Josper S.A. ("Josper"). Josper is a leading manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications for a purchase price of approximately $43.1 million. Josper is located in Pineda de Mar, Spain and has annual revenues of approximately $20.0 million.