Nordic Business Report-April 11, 2006-Marel hf acquires UK companies AEW Thurne and Delford Sortaweigh
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Icelandic food processing equipment provider Marel hf said on Monday (10 April) that it has agreed to acquire the United Kingdom companies AEW Thurne and Delford Sortaweigh from AEW Delford Group Ltd.
The purchase price was not disclosed.
AEW Thurne and Delford Sortaweigh manufacture high-speed slicing, portion control and shaping, weigh price labelling and robotic systems. The companies have manufacturing plants in Harwich and Norwich in the UK, as well as sales and marketing operations in the US and France.
The acquisitions are part of Marel's strategy to triple its annual revenues over the next three to five years.
((Comments on this story may be sent to firstname.lastname@example.org))