IFLR1000

Marel Group €382 million acquisition of MPS

7/3/2016
Acquisition finance, Public acquisition
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€ 382 million

$ 405.631 million

Completed

7/3/2016

Overview:

  • Marel Group has acquired MPS for €382 million from Equistone.
  • MPS is a pork and beef meat processing system with facilities in the Netherlands and China.
  • Marel is an Icealndic company that provides equipment, systems and services to the food processing industry.
  • At the same time as the acquisition Marel secured a €670 million senior loan.

Sam Duke - Editor

Jurisdictions:

Iceland
Netherlands

Deal types:

Acquisition finance
Public acquisition

Practice area:

M&A

Industry sector:

Food and beverage

Firms:
BBA // Fjeldco

Party: Rabobank (Lender)

Lawyers: Antoine Lochet, Ásgeir Ragnarsson

Clifford Chance

Party: Rabobank (Lender)

Herbert Smith Freehills Kramer

Party: Marel Group (Borrower)

Logos

Party: Marel Group (Borrower, Acquirer)

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