CTB Completes Purchase of Meyn - Adds Food Processing Equipment and Technology to Its Product LineMILFORD, Ind., U.S.A., July 31, 2012 – CTB, Inc. (www.ctbinc.com) has 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. The acquisition agreement was announced on May 4, 2012. Terms of the transaction were not disclosed.
Previously, CTB's 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 CTB's 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.
CTB, Inc. is a leading global designer, manufacturer and marketer of systems and solutions for producing grain, poultry, pigs and eggs; for poultry processing; and for various equestrian and industrial applications. Celebrating its 60th anniversary this year, the company operates from multiple locations in various countries around the world and serves its customers through a worldwide network of independent dealers and distributors.