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New Deal


Announced

Completed

Marel completed the acquisition of PMJ.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

Single Bidder

Netherlands

Cross Border

Private

poultry processing equipment

Friendly

Machinery: Specialty

Majority

machinery

Private Equity

Synopsis

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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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