Marel — M&A Activity 2015

Mar 23, 2015

Marel to merge its Bornholm and Aarhus activities

Marel to merge its Bornholm and Aarhus activities

Marel is transferring all of its activities in Bornholm, Denmark to an existing
facility in Aarhus, Denmark.

Bornholm activities which are focused on development and manufacturing of
advanced portioning equipment for the meat, fish and poultry industries will be
transferred to Aarhus, the home of Marel's activities in fixed weight packing
and robotics.

The transfer will see the merger of the company´s portioning activities in one
location in Denmark which will strengthen portioning activities within the
company, enhance competitive advantage and strengthen market position. Marel´s
portioning operations has been performing well and the transfer to Aarhus will
allow the portioning operation to run with increased efficiency, support talent
attraction and position it for further growth and success.

The transition process will begin in March 2015, with completion before the end
of the year. Approximately 40 employees will be affected. Marel will provide
support to the employees affected throughout the transition and they will be
offered a range of options, including the opportunity to apply for positions at
the Aarhus location.

This is fully in line with Marel's ongoing Simpler, Smarter, Faster refocusing
program and the strategy to concentrate on areas of competitive advantage.