JBT Corporation

JBT Corporation Announces the Execution of a Definitive Transaction Agreement with Marel hf., Representing a Significant Milestone Towards the Anticipated Launch of a Voluntary Takeover Offer for All Marel Shares

Retrieved on: 
Friday, April 5, 2024
Machine Tools, Metalworking & Metallurgy, Food Tech, Retail, Technology, Manufacturing, Other Technology, Food, Beverage, FSA, Logic, ICL, Icelandic, LEX, Central bank, Goldman Sachs, Form, Nasdaq Iceland, Prospectus, JBT, JBT Corporation, Wells Fargo, Kirkland & Ellis, Security (finance)

(ICL: Marel) have executed a definitive transaction agreement related to JBT’s previously announced intention to make a voluntary takeover offer for all of the issued and outstanding shares of Marel.

Key Points: 
  • (ICL: Marel) have executed a definitive transaction agreement related to JBT’s previously announced intention to make a voluntary takeover offer for all of the issued and outstanding shares of Marel.
  • The transaction agreement includes the terms of the offer and other important governance, social, and operating items relating to the proposed business combination of JBT and Marel.
  • Pending final approval by the FSA, JBT currently expects to launch the offer in May 2024.
  • The transaction is expected to close by the end of 2024, subject to regulatory clearance and applicable shareholder approvals.

JBT Corporation Declares Quarterly Dividend

Retrieved on: 
Wednesday, February 28, 2024
Food Tech, Retail, Technology, Manufacturing, Food, Beverage, Machinery, JBT Corporation, JBT

JBT Corporation (NYSE: JBT) announced that on February 28, 2024, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock.

Key Points: 
  • JBT Corporation (NYSE: JBT) announced that on February 28, 2024, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock.
  • The dividend will be payable on March 25, 2024, to stockholders of record at the close of business on March 11, 2024.
  • JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry.
  • JBT Corporation employs approximately 5,100 people worldwide and operates sales, service, manufacturing and sourcing operations in more than 25 countries.

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FFNW, TCN, JBT, NS

Retrieved on: 
Saturday, February 10, 2024
JBT, JBT Corporation, Fraud, First, Sale, NuSTAR, Advertising, Sunoco, NuStar Energy, Security (finance)

If you are a First Financial shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a First Financial shareholder, click here to learn more about your rights and options .
  • If you are a JBT shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

JBT Corporation Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Schedule

Retrieved on: 
Wednesday, February 7, 2024
Data Management, Other Retail, Online Retail, Technology, Specialty, Food, Beverage, Other Technology, Retail, Software, Networks, Mobile, Wireless, Conference, JBT Corporation, JBT, Webcast, ID

JBT Corporation (NYSE: JBT) will report fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20, 2024.

Key Points: 
  • JBT Corporation (NYSE: JBT) will report fourth quarter and full year 2023 financial results after the market closes on Tuesday, February 20, 2024.
  • Please register in advance to participate in the conference call: Conference Call Registration
    Upon registering for the conference call, participants will receive dial-in information, as well as a unique registrant and conference ID that they will use to access the event.
  • JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry.
  • JBT Corporation employs approximately 5,100 people worldwide and operates sales, service, manufacturing, and sourcing operations in more than 25 countries.

Mobile Robots Market (AGV and AMR) to reach ~$20B TAM by 2028 with an installed base of 2,700,000 Mobile Robots - LogisticsIQ

Retrieved on: 
Wednesday, January 31, 2024
Clearpath Robotics, CSG, Wireless, Musiktheater im Revier, JBT Corporation, ASP, Viastore Systems, Crown Equipment Corporation, QR, AMR, Software, Sensor fusion, SoftBank Group, Robert Williams (robot fatality), Safety, Human voice, KION Group, Informatik, Hikvision, Rockwell Automation, MOV, FREEDOM, Artificial intelligence, CPM, Beumer Group, JD, Growth, Robotics, Honeywell Intelligrated, Gesellschaft mit beschränkter Haftung, SBS, Deep learning, OPEX, KUKA, ROI, Automation, CGI, Vecna Robotics, OPEX (corporation), LG Chem, RaaS, ST Engineering, Mobile industrial robots, TAM, DMW, Omron Adept, ASRS, AI, Research, MHS, QR code, Security, Motion control, ASI, Bossa Nova Robotics, Lidar, EnerSys, Ocado, PSB, Mobile robot, AGV, Communication, Retail

Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.

Key Points: 
  • Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.
  • United States, Germany, U.K., and China are going to lead the market with an annual demand of more than 350,000 mobile robots (AGV & AMR) by 2028.
  • Goods to Person (G2P) and Person to Goods (P2G), both type of AMRs are having their own market with some advantages and disadvantage.
  • Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots are going to emerge as a new important category by 2028, specially in micro-fulfillment space.

Mobile Robots Market (AGV and AMR) to reach ~$20B TAM by 2028 with an installed base of 2,700,000 Mobile Robots - LogisticsIQ

Retrieved on: 
Wednesday, January 31, 2024
Clearpath Robotics, CSG, Wireless, Musiktheater im Revier, JBT Corporation, ASP, Viastore Systems, Crown Equipment Corporation, QR, AMR, Software, Sensor fusion, SoftBank Group, Robert Williams (robot fatality), Safety, Human voice, KION Group, Informatik, Hikvision, Rockwell Automation, MOV, FREEDOM, Artificial intelligence, CPM, Beumer Group, JD, Growth, Robotics, Honeywell Intelligrated, Gesellschaft mit beschränkter Haftung, SBS, Deep learning, OPEX, KUKA, ROI, Automation, CGI, Vecna Robotics, OPEX (corporation), LG Chem, RaaS, ST Engineering, Mobile industrial robots, TAM, DMW, Omron Adept, ASRS, AI, Research, MHS, QR code, Security, Motion control, ASI, Bossa Nova Robotics, Lidar, EnerSys, Ocado, PSB, Mobile robot, AGV, Communication, Retail

Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.

Key Points: 
  • Both AGVs and AMRs collectively are going to cross the installed base of 2.7 million units in 2028 to make the mobile robots a new normal in our day-to-day operational activities.
  • United States, Germany, U.K., and China are going to lead the market with an annual demand of more than 350,000 mobile robots (AGV & AMR) by 2028.
  • Goods to Person (G2P) and Person to Goods (P2G), both type of AMRs are having their own market with some advantages and disadvantage.
  • Picking Robots, Manipulator Robots, Case Handling Robots, and Sortation Robots are going to emerge as a new important category by 2028, specially in micro-fulfillment space.

JBT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of JBT Corporation Is Fair to Shareholders

Retrieved on: 
Friday, January 19, 2024
Legal, Professional Services, Fraud, Advertising, JBT, JBT Corporation, Security (finance)

Halper Sadeh LLC, an investor rights law firm, is investigating whether the proposed merger of JBT Corporation (NYSE: JBT) and Marel hf is fair to JBT shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the proposed merger of JBT Corporation (NYSE: JBT) and Marel hf is fair to JBT shareholders.
  • The investigation concerns whether JBT and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for JBT shareholders; and (2) disclose all material information necessary for JBT shareholders to adequately assess and value the merger consideration.
  • On behalf of JBT shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

JBT Corporation Receives Extension of PUSU Deadline for Proposal to Merge With Marel

Retrieved on: 
Friday, January 5, 2024
Technology, Retail, Food Tech, Food, Beverage, JBT Corporation, LEX, LLP, Central bank, Icelandic, FSA, Kirkland & Ellis, JBT

(“Marel”) (the “PUSU Deadline”) in relation to JBT’s non-binding proposal originally submitted to the Board of Directors of Marel on November 24, 2023, and subsequently revised on December 13, 2023.

Key Points: 
  • (“Marel”) (the “PUSU Deadline”) in relation to JBT’s non-binding proposal originally submitted to the Board of Directors of Marel on November 24, 2023, and subsequently revised on December 13, 2023.
  • 108/2007, JBT was required to announce its intentions by no later than January 5, 2024.
  • This announcement follows Marel’s disclosure that the FSA has extended the PUSU Deadline to January 19, 2024.
  • Goldman Sachs Co LLC is acting as JBT’s financial advisor and LEX and Kirkland & Ellis LLP are serving as legal counsel.

JBT Corporation Submits Enhanced Proposal to Acquire Marel hf

Retrieved on: 
Wednesday, December 13, 2023
Technology, Retail, Food Tech, Food, Beverage, Sale, Terrorism, Information, NYSE, Climate change, Security (finance), ISK, LLP, Kirkland & Ellis, Annual report, Form, Risk, Acceleration, Weather, Social conditions in Honduras, Prospectus, Analysis, Water, LEX, Financial condition report, Result, PSLRA, JBT, JBT Corporation, Management

JBT Corporation (NYSE: JBT), (“JBT” or the “Company”) a leading global technology solutions provider to high-value segments of the food & beverage industry, today confirmed that it has submitted a revised and significantly improved proposal to the Board of Directors of Marel hf.

Key Points: 
  • JBT Corporation (NYSE: JBT), (“JBT” or the “Company”) a leading global technology solutions provider to high-value segments of the food & beverage industry, today confirmed that it has submitted a revised and significantly improved proposal to the Board of Directors of Marel hf.
  • (“Marel”) to acquire all of the outstanding common stock of Marel for €3.40 per Marel share (ISK511 per share based on an ISK / EUR exchange rate of 150.3).
  • “JBT has long admired Marel, and there is significant strategic, cultural, and operational alignment between the companies.
  • JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry.

JBT Corporation Declares Quarterly Dividend

Retrieved on: 
Wednesday, December 6, 2023
Technology, Retail, Food Tech, Food, Beverage, NYSE, JBT, JBT Corporation

JBT Corporation (NYSE: JBT) announced that on December 06, 2023, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock.

Key Points: 
  • JBT Corporation (NYSE: JBT) announced that on December 06, 2023, its Board of Directors declared a quarterly cash dividend of $0.10 per share of outstanding common stock.
  • The dividend will be payable on January 02, 2024, to stockholders of record at the close of business on December 18, 2023.
  • JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry.
  • JBT Corporation employs approximately 5,100 people worldwide and operates sales, service, manufacturing and sourcing operations in more than 25 countries.