Duravant LLC acquires POSS Design Ltd.

CCC Investment Banking (“CCC”), a leading national, independent investment bank acted as the exclusive financial advisor to POSS Design Limited (“POSS”), the leading manufacturer of protein processing solutions based in the Greater Toronto Area on its sale to Duravant LLC (“Duravant”), a global engineered equipment and automation solutions provider to the food processing, packaging and material handling sectors.

Since 1978, POSS has been designing and building industry-leading separating solutions that increase throughput, minimize waste, and meet the growing capacity and efficiency needs of processors. Exclusively specializing in high quality mechanical separation technology, POSS has a broad range of products that provide custom solutions for a wide range of processing capacities. With engineering expertise to design turnkey systems that connect upstream and downstream equipment, POSS has established trusted relationships with many of the world’s leading protein processing brands.

“I couldn’t be happier to have engaged CCC with the sale of POSS. I am more than satisfied with the outcome, and credit the team’s patience, perseverance, and sensitivity to the process for the final result.” said Ken Gulak, President of POSS.

About CCC

CCC is a leading national, independent investment bank operating out of offices in Toronto and Vancouver. With a distinguished track record spanning over four decades, CCC has consistently delivered expert advisory to clients completing divestitures, acquisitions, capital raises, valuations, and other capital decisions. CCC’s approach to advisory is centered around actualizing its clients’ objectives through a blend of industry expertise, tailored solutions, and forward-thinking advice.

About POSS

Headquartered in Oakville, Ontario, Canada, POSS is manufacturer and service provider of innovative and highly engineered mechanical separation equipment, ancillary products and turnkey systems that maximize recoverable protein yields for high volume processors of beef, pork, chicken, turkey, and other meats. Since 1978, the company has consistently led the way in developing solutions that address the needs of animal protein processors, prioritizing quality and safety while optimizing productivity and yields. Dedicated and unwavering to delivering the highest level of customer satisfaction, POSS works closely with clients to identify the best solutions for their unique processing needs. For more information, visit www.poss-separators.com

About Duravant

Headquartered in Downers Grove, IL, Duravant is a global engineered equipment company with manufacturing, sales and service facilities throughout North America, South America, Europe and Asia. Through their portfolio of operating companies, Duravant delivers trusted end-to-end process solutions for customers and partners through engineering and integration expertise, project management and operational excellence. With worldwide sales distribution and service networks, they provide immediate and lifetime aftermarket support to all the markets they serve in the food processing, packaging and material handling sectors. Duravant’s market-leading brands are synonymous with innovation, durability and reliability. For more information, visit www.duravant.com.