on September 4, 2020
Marel acquires German food cutting technology provider
The merger will enhance automation, flexibility and time to market for consumer-ready products.
Marel has entered into an agreement to acquire TREIF Maschinenbau GmbH (TREIF), for EUR 128 million in cash and 2.9 million Marel shares.
According to the press release from Marel, TREIF is a German company at the forefront of solutions and services focused on portioning, dicing, slicing and cutting of…