Marel to Acquire Sulmaq
In late July, Marel announced an agreement to purchase Sulmaq--a firm that offers processing solutions to the pork and beef industries in Central and South America. The acquisition is meant to “strengthen Marel’s position in Central and South America and ensure better access to a large and growing market for beef and pork.” Together, Marel and Sulmaq will be at the forefront of developing innovative, full-line solutions and equipment for meat processors around the globe.
Sulmaq is based in the state of Rio Grande do Sul in southern Brazil. The company employs around 400 employees and their main solutions include hog slaughtering lines, cattle slaughtering lines, cutting and deboning, viscera processing and food logistics. Sulmaq has a large installed base throughout Central and South America and strong customer relationships. The company also develops and manufactures precision investment castings for various market segments.
Marel is committed to investing in Brazil and the Central and South American market, as the company believes in its growth potential, advanced agriculture and the access to resources for the food industry.