BOXMEER / AGILITYPR.NEWS / January 23, 2021 / Marel and Dutch duck processing solutions provider join forces

Marel is pleased to announce the acquisition of PMJ, a global provider of advanced processing solutions for the duck industry. United, the two companies are in a stronger position to drive further growth, providing better value for both current and future customers.

Poultry Machinery Joosten B.V. has 40 employees and is located in Opmeer in the Netherlands. PMJ is at the forefront of duck and goose processing solutions and services. The company was founded in 1998 as a family business and has evolved into a global leader for waterfowl processing solutions. PMJ’s annual revenues are around EUR 5 million.

Stronger together

PMJ’s complementary product portfolio of primary processing, including waxing and automated evisceration, will make Marel the industry’s only full-line provider of duck processing solutions. Marel will be in a stronger position to broaden its customer base in the duck segment, leverage its global sales and service network and expand into new markets. Together the two companies will be at the forefront in modernizing the duck market in partnership with their customers.

PMJ’s management team will stay on board and ensure business continuity for employees and customers, serving as the duck knowledge center.

A large and growing market

The global duck meat market is a large and growing market, with an estimated value of around EUR 6 billion. The annual volume of duck meat is currently 4.5 million tons, with 70% of this volume in China, where Marel already has an established presence. PMJ has built long-standing relationships with many of the largest duck processors in the world, and together with Marel’s global sales and service network and digital platforms, the companies will extend their global reach and strengthen customer support.

Roger Claessens, EVP Poultry at Marel, says, “The acquisition of PMJ is a logical step for Marel to expand its third pillar within poultry processing alongside broilers and turkey. Technical expertise and an impressive track record of continuous product innovation are defining characteristics of both PMJ and Marel. The high quality of PMJ’s solutions reflects the company’s 23 years of dedication to duck processing. With our combined efforts and continued focus on innovation, we will be in a stronger position to transform the duck industry in partnership with our customers.”

Bas van der Veldt, CEO of PMJ, adds, “We are proud of PMJ and what we have achieved together with all our loyal employees and customers worldwide. Our expertise in duck processing technology, our innovative solutions and our experienced employees, combined with the broad processing knowledge and worldwide coverage of Marel, will be the next step forward in serving our customer base even better.”

###

For further information, please contact:

Marel Media Relations

Globalcommunications@marel.com

tel +354 563 8200

Marel Investor Relations

IR@marel.com

tel. + 354 563 8001

Download here the high-resolution image accompanying this press release.

About Marel

Marel is the leading global provider of advanced processing systems and services to the poultry, meat and fish industries. Having a focus on food safety and innovation, Marel develops the most reliable and efficient automated solutions, in close cooperation with customers from all over the world. It is Marel's mission to produce high-quality food in a sustainable and affordable way. Our team comprises more than 6,000 employees worldwide, offices and subsidiaries in 32 countries across six continents, and a network of more than 100 agents and distributors.