Marel Growth Strategy and Wenger Acquisition
marel
Highly strategic acquisition into new markets
Strong strategic and cultural fit, with Wenger serving as a growth platform into new attractive end markets
•
Wenger is a premier global leader in processing
solutions focused on pet food, plant-based protein
and aqua feed
Founded in 1935 in Sabetha, Kansas, USA by Joe
and Lou Wenger with the purpose of manufacturing
affordable cattle feed with breakthrough technology
Extensive product offering comprised of extrusion
technology, dryers and power heaters to cater to
most needs in Wenger's core markets
Over 500 dedicated and strong employees located in
Kansas (USA), Valinhos (Brazil), Kolding (Denmark)
and other locations
Long-standing history of growth and healthy
profitability - In 2022, revenues are expected to be
USD 190m and EBITDA USD -32-35m
Ww
WENGE
WENGER®
SOURCE TECHNOLOGY
EXTRU-TECH
INC.
>>>
(marel + WWENGER
Strong strategic
and cultural fit
Fourth pillar focused on
new attractive end markets
Complementary product offering
strengthening value proposition
More balanced business
model going forward
Utilize Marel's global reach
and digital platform
MAVERICK
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