Marel has signed a letter of intent with the Dutch private equity firm Nimbus regarding the sale of Stork Food and Dairy Systems, a non-core operating unit. The intent is to finalize the transaction before year-end.
Marel is confident that Nimbus would be a very suitable owner for Stork Food and Dairy Systems. For Marel, the conclusion of the agreement would be a positive step in the company’s effort to sharpen further the focus on its core business.