Monday, July 15, 2024

Marel to acquire Wenger Mfg. LLC

Photo: Wenger Manufacturing LLC

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BOXMEER, Netherlands — Marel has announced an agreement to acquire Wenger Manufacturing LLC, a global leader in processing solutions focused on pet food, plant-based proteins, and aqua feed. The acquisition of Wenger is a platform investment into new, complementary, and attractive growth markets for Marel and will form the fourth business segment alongside poultry, meat and fish, the company added.

The acquisition is subject to customary closing conditions such as anti-trust and approval of Wenger’s shareholders.

Founded in 1935, Wenger has 500 employees and revenues in 2022 are expected to be $190 million. Total investment for the acquisition. . .

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