Meyn Holding to acquire Systemate Group
Meyn Food Processing Technology
Meyn Holding B.V. (“Meyn”) has come to an agreement with Systemate Holding B.V. to acquire all the activities of Systemate Group B.V. (“Systemate”). The transaction is subject to regulatory approval and is expected to close within a few weeks.
Meyn offers its customers processing solutions throughout the entire process. Systemate has a clear focus on a number of markets and specific processing areas. Systemate’s subsidiary Dapec is well recognised for its cut up lines and associated systems. The combination of the two companies will be able to offer its growing number of customers worldwide a very competitive and complete product portfolio supported by a strong local presence.
Han van der Broek, CEO Meyn: “Meyn and Systemate are complementing each other excellently, in terms of geography, innovative capability, product portfolio and customer base. We are very pleased to join forces with Systemate. We share the ambition to take professionalism and customer support to the next level in our industry. We have known Systemate for many years as a respected and professional party.”
Over the last years, Meyn and Systemate have both shown a strong development of the top line, driven by product development and a strong customer focus. The Meyn/Systemate combination operates an extensive after sales network in the industry, supported by subsidiaries in all major markets.
Mr Hazenbroek, CEO and owner of Systemate: “The poultry processors require that you can deliver the best products within each process step and that you can provide excellent after sales service anywhere in the world. The combination of Meyn and Systemate will be able to do that better than any competitor. Our respective companies will work well together as the people of Systemate and Meyn have a lot in common in terms of knowledge, professional pride and ambition. I am convinced that our customers will see the benefits.”