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Marel has reached an agreement on the sale of its Scanvaegt Norfo sawing system division in Bornholm Denmark to  Nienstedt G.m.b.H. The transaction price is at the request of Nienstedt G.m.b.H. kept confidential. 

While the sale will have an insignificant effect on the turnover and profit of Marel Food Systems in 2008, it is nevertheless important in terms of sharpening the focus on the company’s core activities.

Under the agreement, Nienstedt G.m.b.H will be offering customer support to the Norfo sawing system equipment already in service.

The sales agreement only concerns the Norfo sawing system activities of Marel in Bornholm.  All other cutting and portioning activities of Marel ehf. (in Bornholm, Aarhus and Gardabaer) will remain unaffected by the agreement.

"Our main focus now, particularly with the merger of the Marel and Scanvaegt operations, is on the innovation and profitability of our core business of Marel ehf. The sawing systems simply does not fit into that strategy. The sale is an important step for us and we will now be able to concentrate even further on our core activities," says Sigsteinn Gretarsson, Managing Director of Marel ehf. 

For further information please contact Sigsteinn Gretarsson, Managing Director of Marel ehf.