Marel’s largest shareholder accepted the latest offer.

The company now has until Jan. 19 to make a decision.

The two companies disclosed early details from the unsolicited proposal.

The ModularOven+ is designed for flexibility and high yield while providing machine health monitoring.  

The company said the proposal did not account for Marel’s intrinsic value. 

The supplier said considerations were still in the preliminary stage.

Wayne-Sanderson’s high-tech Enterprise, Ala., poultry plant puts workers first.

Equipment innovations meet demand for producing nuggets and strips.

The joint venture will facilitate customer collaboration in the Netherlands.

With the labor pool continuing to evaporate, machines offer processors a tireless and evolving option.