Another strong performing stock in the fourth quarter was long-time holding John Bean Technologies (JBT, Financial) which climbed over 30 percent and added 42 basis points of performance to the Fund. The provider of solutions for food processing and airport transportation continued its impressive string of exceeding earnings estimates by delivering results in the third quarter that were 12 percent ahead of expectations. The company continues to see strong FoodTech sales and they also made an accretive acquisition of A&B Process, which makes fluid food equipment.
From Keeley Small Cap Value Fund fourth quarter 2015 commentary.
