# JBT Corp. plans voluntary takeover of Marel for €2.7 billion

John Bean Technologies (JBT) Corp. announced a voluntary takeover offer to acquire all shares of Marel at €3.6 per share, valuing Marel at €2.7 billion. The offer is expected to close in H2 2024, with the combined company to be named JBT Marel Corp.

- Type: Acquisition
- Announced: 2024-01-19
- Where: Chicago, Illinois, United States
- Value: $2.94B (2.70B EUR)
- Status: announced
- Products: food processing equipment
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Marel](https://endata.com/companies/16848.md) (target)
- [John Bean Technologies Corporation](https://endata.com/companies/63837.md) (acquirer)

## Sources

- [petfoodprocessing.net](https://www.petfoodprocessing.net/articles/17809-jbt-plans-voluntary-takeover-of-marel), 2024-01-24: "JBT stated that it plans to launch a voluntary takeover offer during the first quarter of 2024 to acquire all shares of Marel at €3.6 ($3.91 USD) per share."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.