January 26, 2018
Sanovo possesses minority share in Giordano Poultry
Sanovo Technology Group will take up a minority share in the capital of Giordano Poultry Plast S.p.A. following several months of discussion, Sanovo announced.
The decision stems from the relevance of Giordano Poultry Plast production in several areas of activity in the poultry breeding sector and in the field of handling equipment for hatching and consumption eggs; the latter is of strategic interest to Sanovo.
Both companies expect a closer relationship with the emergence of new opportunities for further development and the immediate possibility of reaching new global trade areas.
Sanovo also sees an avenue to identify and put into production new products and technologies to offer cutting-edge solutions in the different sectors of the poultry and agro-industrial world.
"We are particularly satisfied for the realisation of this partnership with such a representative group as Sanovo Technology Group," Oscar Giordano CEO of Giordano Poultry Plast, said. "It is a clear recognition of the leadership assumed by our products on the global market".
"As Sanovo Technology Group, we pursue excellence in each sector of our chain of machinery and products for the food industry. The collaboration with Giordano opens new and significant opportunities in strategic sectors such as product logistics and in many other fields of poultry production," said Michael Strange Midskov, CEO of Sanovo.
The management and daily operation of Giordano Poultry Plast will remain under the complete charge of its owner, the Giordano family.