Marel sells its Norwich high speed slicing unit
Marel sells its Norwich high speed slicing unit
Marel’s High Speed Slicing business unit in Norwich is to be acquired by US business The Middleby Corporation.
The acquisition is due to be completed by the end of March and Middleby is to rebrand the products under their original trademark, Thurne.
Chairman and CEO of Middleby, Selim A. Bassoul said: “We are excited to add Thurne to our Food Processing portfolio. This acquisition continues our strategy of adding integrated systems to complete the total line solutions that we offer.”
The slicing business is estimated by Middleby to have annual revenues of around $15 million US dollars.
