GERMANY: Maja, the German manufacturer of ice makers and food processing equipment, has been acquired by Icelandic food processing systems company Marel.
Founded in 1955 and based in Kehl-Goldscheuer, MAJA has around 200 employees and achieved annual revenues of €30m last year.
With its headquarters in Gardabaer, Iceland, Marel is a global business providing advanced processing systems and services to the poultry, meat and fish industries. It recorded sales of €1,038m in 2017.
“MAJA’s innovative product range is a good fit to Marel and we have great respect for the technical capabilities their dedicated team has built up over the years. We know each other well as MAJA and Sulmaq, Marel’s subsidiary in Brazil, have been partners for years in Latin America,” said Marel CEO Arni Oddur Thordarson.