June 2, 2008

Danish meat processor enters into merger

Danish meat processor Haarslev A/S has entered into a merger with Spanish meat processor Tremesa S.A.
 

The group has production facilities in Denmark, Spain, Brazil and Peru. The expected total turnover for the group in 2008 is almost EUR 200 million (US$310.7 million)

The product portfolios and the working procedures of Haarslev A/S and Tremesa S.A. supplement each other in a way that makes the companies able to share expertise in different fields, and to develop and provide products of the highest quality together. Further, the combined sales offices and agent network will give global coverage for the two companies within the meat and rendering industry.

After the merger, Haarslev A/S and Tremesa S.A. will continue to operate as individual companies but both offering the full product programme from the two companies presenting the widest process and product range for the global meat and rendering industry. Both companies will ensure stable operations in their core markets and continue their close collaboration with customers.

"After the merger we will have a strong market position in emerging markets such as Brazil and Russia," said Claus ostergaard, president and CEO of Haarslev A/S.