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Leading global provider of advanced equipment
and systems for the food processing industry
and systems for the food processing industry
Investor News
04.09.2007
Discussions between LME Eignarhaldsfelag ehf., Stork N.V and London Acquisition N.V.
Subsequent to discussions between LME Eignarhaldsfelag ehf., Stork N. V and
London Acquisition N.V., a holding company managed by Candover, London Acquisition N.V and Stork N.V. have jointly announced that London Acquisition has extended the acceptance period for the public offer all the issued and outstanding shares in the share capital of Stork until 15:00 hours on 18 September 2007.
LME Eignarhaldsfelag ehf. has reported that it has acquired a shareholding interest in Stork in excess of 43% and has indicated that it does not intend to tender these shares under the Offer. The extension follows discussions conducted by London Acquisition with LME and Stork in the last few days regarding the Offer and possible solutions. The parties believe that it is appropriate to continue these discussions.
No assurances can be given that these discussions will result in a solution that is acceptable to all parties.
Marel Food Systems hf. is a 20% shareholder in LME Eignarhaldsfélag ehf. together with Landsbanki Islands hf. and Eyrir Invest hf.
Spotlight
One company, one stop Our brands – Marel, Stork Poultry Processing and Townsend Further Processing – are among the most respected in the industry.
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Press Contact
Helga Bjork EiriksdottirInvestor and Public Relations Manager
E-mail:
helga.eiriksdottir@marel.com
Tel.: +354 563 8543
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About the Company
Marel is the leading global provider of advanced equipment, systems and services to the fish, meat and poultry industries. Our brands – Marel, Stork Poultry Processing and Townsend Further Processing – are among the most respected in the industry. Together, we offer the convenience of a single source to meet our customers’ every need. With offices and subsidiaries in over 30 countries and a global network of more than 100 agents and distributors, we work side-by-side with our customers to extend the boundaries of food processing performance.
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