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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

JBT Corporation to acquire Marel hf. · Endata

◂ Announcements

Apr 9, 2024ACQUISITION

JBT Corporation to acquire Marel hf.

JBT Corporation and Marel hf. have executed a definitive transaction agreement for JBT's voluntary takeover offer for all Marel shares. The offer is expected to launch in May 2024 and close by the end of 2024, subject to regulatory and shareholder approvals.

Status

Announced

Productsfood processing equipment

CompaniesJBT Corp. acquirer Marel hf. target

Sectors#Food Processing Equipment

“The execution of this transaction agreement represents a significant milestone in the process to combine JBT and Marel”potatopro.com

1 source
potatopro.comMerger of Food Processing Equipment manufacturers: JBT Corporation to acquire Marel Shares | PotatoProShamil RamazanovApr 10, 2024

Summarized from public sources; check the original articles before acting on it.

More from JBT Corp.

Dec 14, 2023ACQUISITIONGardabaer, Iceland$3.70B
JBT Corporation to acquire Marel for €3.4 billion
JBT Corp. acquirer Marel hf. target akm.ru
Nov 28, 2023NEW FACILITYArndell Park, Sydney, Australia$72.0M180 jobs
Beak & Johnston opens A$110M pastry and ready-meal plant in Arndell Park, Sydney
Beak & Johnston JBT Corp. supplier packagingnews.com.au
May 30, 2023ACQUISITIONUnited States$800.0M
Oshkosh to acquire AeroTech business from JBT for $800M
JBT Corp. target Oshkosh Corporation acquirer oshkoshcorp.com
Aug 25, 2022ACQUISITIONGermany
JBT Corporation acquires Alco food-machines
JBT Corp. acquirer Alco-Food-Machines GmbH & Co. KG target alco-food.com
Aug 1, 2022ACQUISITIONUnited States$290.0M
JBT Corporation signs agreement to acquire Bevcorp
JBT Corp. acquirer Bevcorp target foodinfotech.com prnewswire.com
Jul 1, 2022ACQUISITIONBad Iburg, Germany, Germany
JBT Corporation acquires Alco-food-machines
JBT Corp. acquirer Alco-Food-Machines GmbH & Co. KG target ir.jbtmarel.com prnewswire.com benzinga.com

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