“JBT today confirmed that it has submitted a non-binding initial proposal to the board of directors of Marel hf. (“Marel”), whose shares are listed on Nasdaq Iceland and Euronext Amsterdam, in respect of a potential voluntary takeover offer for the entire share capital of Marel in accordance with Chapters X and XII of the Icelandic Takeovers Act no. 108/2007. ” …
The acquisition of Wenger was a positive step for the company, but in order to meet their target goals for 2023 they are going to lay off 5% of staff in their global workforce, which could save EUR 20m annually. The company is hoping to show a better second half of 2022 with these changes and the high order status is a positive sign in reaching that goal. …
Bristol Seafood announced today it aligned with Bristol Bay Alaska Seafoods, owner of the Blue North, state of the art Alaska Cod harvester, and also completed a significant investment in the filleting capabilities of its Portland, Maine plant. …
Marel is pleased to announce an agreement to acquire German food cutting technology provider TREIF Maschinenbau GmbH (“TREIF”). The two companies have a great strategic and cultural fit with complementary product portfolios and geographic presence, creating a strong platform to enhance further growth. …
Marel, one of the world’s largest producers of food processing machinery, has also negotiated an option for the acquisition of the remaining 50% of shares in Curio in four years. …
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