Acquisition Nijal

Press release January 9, 2007: Stork Food Systems has completed the acquisition of Nijal Technologie Alimentaire. The acquisition price is approx. ? 4.5 mln. A program to exploit synergies has been started immediately and joint sales efforts have already been undertaken.

Based in France, Nijal manufactures machines for processing of meat that are complementary to those of Stork Food Systems. The company achieved a turnover of ? 7 million in fiscal year 2005/06 with 30 employees. Stork´s worldwide sales and marketing organisation will open new markets and create new opportunities for Nijals innovative machines.

Nijal has been developing innovative meat processing equipment since 1982. It has always focused on increasing productivity through automatization, without sacrificing home-made quality. Nijal produces a full spectrum of equipment for high-speed production of shish kebabs, sandwiches, meatballs, formed value-added ground meat products and fresh sausages, as well as equipment for denesting trays and automatic tray loading.

Nijal has been producing and selling in Europe for many years, and recently opened an American subsidiary to provide North American clients with the highest level of technical support.