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Mergers & Acquisitions

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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.
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Simmons Foods sells its propane business

Missouri-based MFA Oil Company takes ownership of Simmons Energy Solutions
Simmons Foods has sold its small propane supply business, Simmons Energy Solutions, to MFA Oil Company.
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Plukon acquiring Cuparius Food Group

Acquisition will strengthen Plukon as a poultry provider for foodservice companies
Plukon Food Group, the largest poultry company in the Netherlands, reached an agreement in principle with Cuparius Capital to acquire 100% of the shares of Cuparius Food Group (CFG), also a Netherlands-based company.
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Sale of Maple Leaf Foods poultry plant finalized

Facility in Drummondville, Quebec, is now owned by Giannone Poultry
Maple Leaf Foods has completed the sale of its poultry plant in Drummondville, Quebec, as well as its associated supply, to Giannone Poultry of St. Cuthbert, Quebec, the company revealed on July 28.
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Cedrob acquires Zaklady Miesne Silesia

Cedrob CEO says transaction will accelerate restructuring process in processing segment
Leading Polish meat company Cedrob has acquired 100% of the shares of meat product manufacturer Zaklady Miesne Silesia (ZM Silesia) from Gobarto.
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Cherkizovo to acquire Cargill poultry processing plant

Acquisition of facility in Efremov will expand Cherkizovo’s value-added portfolio and reach into foodservice channel
Cherkizovo Group, the largest vertically integrated meat producer in Russia, signed a preliminary agreement with Cargill to acquire its chicken processing facility, located in Efremov, in the Tula oblast.
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