Marel Acquires Fellow Processing Solutions Company for $540 Million
Processing equipment supplier Marel has acquired a processing solutions firm, Wenger for $540 million, the company announced on June 9.
Marel said the two companies have a “great strategic and cultural fit and a highly complementary product portfolio and geographic presence catering to customers’ rising demand for high-quality food and feed that is processed in a sustainable and affordable way.”
Wenger specializes in processing solutions for pet food, plant-based proteins, and aqua feed markets. It will form a new business segment for Marel in addition...
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