CTB Completes Purchase of Meyn
July 31, 2012
MILFORD, Ind., U.S.A. – CTB, Inc. (www.ctbinc.com) finalized its acquisition of Meyn Holding B.V., the parent company of Meyn Food Processing Technology B.V. (www.meyn.com), based in Oostzaan, the Netherlands. Meyn is a leading designer and manufacturer of poultry processing systems and equipment with customers in more than 90 countries worldwide and additional production facilities located in the U.S.A. and Poland. Terms of the transaction were not disclosed.
Previously, CTBs equipment for the poultry industry has focused on the grow-out sector with innovative equipment for raising chickens and turkeys. The acquisition of Meyn adds equipment for poultry meat processing to CTBs product range. By joining together leading companies in two distinct sectors of the poultry industry, the acquisition provides CTB with the ability to offer global poultry companies total solutions from grow-out through the processing cycle.
Founded in 1959, Meyn has been at the forefront of product innovation and development throughout its history, having introduced a large number of revolutionary innovations in the poultry meat processing industry. The company is widely recognized for its proven ability to support its customers in their ambition for higher capacity and increased yield and efficiency.