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More Time for Marel Acquisition

by 5m Editor
14 March 2008, at 9:47am

EU - The European Commission has extended its enquiry deadline for Marel Foods 415milliom Euro acquisition of Stork NV's food systems to April the 21st.

The commission said the extension was not triggered by competition concerns, but is based on the fact technical information on the notification form had to be updated.

According to Hemscott, this required the original notification to be withdrawn and then resubmitted with the new deadline.

Marel is primarily active in the development, manufacture, sale and servicing of machinery and systems for processing of fish, red meat and poultry and has production sites in Iceland, Denmark, the UK, Slovakia, Singapore and the US.

View the Hemscott story by clicking here.

5m Editor