M&A Deal Summary

Marel Acquires Wenger

On April 27, 2022, Marel acquired machinery company Wenger for 540M USD

Acquisition Highlights
  • This is Marel’s 4th transaction in the Machinery sector.
  • This is Marel’s largest (disclosed) transaction.
  • This is Marel’s 1st transaction in the United States.
  • This is Marel’s 1st transaction in Kansas.

M&A Deal Summary
Date 2022-04-27
Target Wenger
Sector Machinery
Buyer(s) Marel
Deal Type Add-on Acquisition
Deal Value 540M USD

Target

Wenger

Sabetha, Kansas, United States
website
Wenger provides extrusion systems for producing pet food, aquafeed, and human food. The company was formed with the purpose of manufacturing affordable cattle feed. It has since made a strong impact in the food and feed industries by commercializing the cooking extruder for both human and pet food production. The company has a diversified and loyal customer base, ranging from global blue-chip processors to smaller specialized players. Wenger was formed in 1935 and is based in Sabetha , Kansas.

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Buyer(S) 1

Buyer

Marel

Gardabaer, Iceland

website

Category Company
Founded 1977
Sector Machinery
Employees8,000
Revenue 1.7B EUR (2022)
DESCRIPTION

Marel is a provider of advanced equipment, systems and services to the poultry, fish, meat, and further processing industries. Marel was founded in 1977 and is based in Gardabaer, Iceland.

DEAL STATS #
Overall 4 of 4
Sector (Machinery) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Poultry Machinery Joosten B.V.

Opmeer, Netherlands

Poultry Machinery Joosten B.V. has 40 employees and is located in Opmeer in the Netherlands. PMJ is at the forefront of duck and goose processing solutions and services. The company was founded in 1998 as a family business and has evolved into a global leader for waterfowl processing solutions. PMJ’s product range contains solutions for a wide variety of production sizes.

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