Waterloo, Iowa, USA–30 May 2007

CPM ACQUIRES UK-BASED WOLVERINE PROCTOR & SCHWARTZ LTD.

WATERLOO, Iowa: 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."

Now operating again as one company, Wolverine Proctor will be the worldwide equipment leader in high-value thermal process applications including baking, drying, roasting, toasting, flaking and shredding for the food, chemical, tobacco and textile industries. The company will have unsurpassed global sales and product support coverage. In addition, all business functions will be further integrated to achieve a seamless customer experience, superior engineering innovation and design efficiencies, and after-market support in applications and parts.

CPM offers world-class equipment and after-market sales and support for particle size reduction, preparation and agglomeration in feed milling, oilseed processing, ethanol, biomass, pet food, cereal, snacks and compounding industries. The company also serves the corn wet milling, extrusion, microbrewery and wood industries.

CPM's business units include California Pellet Mill, Roskamp Champion, Beta Raven, Century Extrusion and Wolverine Proctor. CPM has more than 500 employees and production facilities in the Americas, Europe and Asia. For more information visit www.cpmroskamp.com or contact CPM at 800-366-2563.