Allen & Overy advises Marel on the acquisition of MAJA Group
26 July 2018
Allen & Overy LLP has advised Marel hf, a public limited company listed on the Icelandic Nasdaq OMX under the ticker symbol MARL, on the acquisition of MAJA group.
MAJA Group, based in Kehl, Germany, is a highly innovative manufacturer of food processing machinery, specializing in skinning and portioning with main focus on the meat market, as well as ice machines for the preservation of fresh food. The transaction is still subject to merger control clearance. The parties agreed not to disclose the purchase price.
Marel hf is a leading global provider of advanced processing systems and services to the poultry, meat and fish industries with around 5,400 employees worldwide, offices and subsidiaries in over 30 countries on six continents, and a network of more than 100 agents and distributors. The acquisition is in line with Marel's strategic objective to become a full-line supplier of advanced food processing solutions and standard equipment, and to further strengthen Marel's global market presence.
The Allen & Overy team was led by partner Dr Michiel Huizinga and included senior associate Marc Oliver Stock (both Corporate/M&A, both Frankfurt).
The team further comprised partners Dr Walter Uebelhoer (Banking and Finance, Munich), Dr Jens Matthes (IP, Düsseldorf), Dr Hans-Peter Löw (Employment and Benefits), Dr Jochen Scheel (Real Estate), Dr Michael Ehret (Tax, all Frankfurt), counsel René Galle (Antitrust/Competition, Hamburg) and counsel Dr Udo H. Olgemoeller (Public Law, Frankfurt), senior associates Boris Blunck (Employment and Benefits) and Dr Riccardo Marinello (Real Estate, Frankfurt), associates Yves Holle (Antitrust/Competition, Hamburg), Dr Rauni Ahammer (Banking and Finance, Munich), Tobias Eggert (Tax) and Dr Anna Opel (Public Law, both Frankfurt) as well as Transaction Support Lawyers Nadine Gommel (Corporate/M&A, Frankfurt) and Angelika Pikulska (Banking and Finance, Munich).