Announced
Completed
Financials
Sources
Tags
Acquisition
Completed
Single Bidder
Netherlands
Cross Border
Private
poultry processing equipment
Friendly
Machinery: Specialty
Majority
machinery
Private Equity
Synopsis
Marel, a provider of advanced equipment, systems and services for the poultry, fish, meat and further processing industries, completed the acquisition of Poultry Machinery Joosten, a global provider of advanced processing solutions for the duck industry. Financial terms were not disclosed. “Technical expertise and an impressive track record of continuous product innovation are defining characteristics of both PMJ and Marel. The high quality of PMJ’s solutions reflects the company’s 23 years of dedication to duck processing. With our combined efforts and continued focus on innovation, we will be in a stronger position to transform the duck industry in partnership with our customers," Roger Claessens, Marel Executive Vice President of Poultry.
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