Announced
Completed
Synopsis
Duravant, an engineered equipment and automation solutions provider, completed the acquisition of Marelec Food Technologies, a manufacturer of intelligent portioning and customized weighing and grading solutions. Financial terms were not disclosed. “Our new partnership further enhances Duravant’s front line position in the growing food processing segment. Marelec’s intense focus on providing outstanding service and continuous innovation has been the foundation of their success, and their legacy of market leadership makes them a perfect addition to the Duravant family," Mike Kachmer, Duravant President and CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.