Meyn Food Processing Technology
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| Company type | Subsidiary |
|---|---|
| Industry | Manufacture of machinery for food processing; ISIC C2825 |
| Founded | 1959 in Oostzaan, Netherlands |
| Founder | Piet Meijn |
| Headquarters | , |
Number of locations | 14 offices |
Area served | Worldwide |
| Owner |
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Number of employees | >1000 |
| Parent | Berkshire Hathaway |
| Website | www |
About
Meyn Food Processing Technology (better known as Meyn) is one of the world’s largest manufacturers of poultry processing equipment, offering 'wall to wall' solutions to numerous renowned poultry processing companies in over hundred countries worldwide. The equipment range comprises of the areas live bird handling, slaughtering, evisceration, cut up, deboning and plant management. On June 5, 2012, Meyn Food Processing Technology officially opened its new international headquarter and manufacturing facility in Oostzaan. Today, Meyn has four production sites in Oostzaan (Netherlands|The Netherlands), Poland , Italy, and the United States, with a global network of 1,000 employees and 14 sales offices.[1]
Meyn is active in more than one hundred countries in Europe, the United States, Asia, Africa, and Latin America, with some customers processing more than one billion chickens per year. The company serves more than 2,000 customers and holds 35% of the world market.[2]
History
The poultry processing industry is deeply rooted in the ‘Oostzaan’ region of the Netherlands, where Meyn was founded in 1959. Piet Meyn Senior started his business as a supplier of poultry processing equipment in the small town of Oostzaan, the Netherlands. The first machine developed by the company was designed to break eggs, but soon it was followed by a machine to process poultry, more specifically, chicken. This processing machine formed the basis of the company’s current success.[3]
Following various earlier changes of ownership, Meyn was taken over in 2005 by the Altor Funds. Altor divests world leading food equipment producer Meyn to CTB, Inc., a subsidiary of Berkshire Hathaway Inc. [4] Since Altor has acquired Meyn in the beginning of 2005, their revenues increased from EUR98 mln. in 2004 to EUR205 mln. in 2011, which represents an annual growth of 11 percent on average, while strengthening EBITDA from EUR12 mln. to EUR32 mln., an average annual growth of 15 percent. In that same period, the share of new projects being sold in the rapid growing emerging markets had risen from approximately 30 percent up to 60 percent, and the total workforce doubled from 500 to 1000 employees. In 2012, Altor 2003 Fund (”Altor”) had reached an agreement on the sale of Meyn Holding B.V., which at that time was the parent company to Meyn Food Processing Technology B.V. ("Meyn"), the global market leader in poultry processing solutions, to CTB, Inc. ("CTB"), a subsidiary of Berkshire Hathaway Inc, a key player in the development, manufacturing, and marketing of agricultural systems and solutions. Consequently, on July 31, 2012, CTB finalized its acquisition of Meyn Holding B.V., the parent company of Meyn Food Processing Technology B.V. The acquisition agreement was announced on May 4, 2012. [5][6]
Products
The company manufactures poultry processing equipment for commercial birds, mainly broilers. The equipment is deployed along the complete processing line and can therefore be divided into live bird handling, slaughtering, evisceration, chilling, cut up, deboning, plant automation, and plant logistics. Other birds that can be processed with their equipment are layers, as well as ducks and turkeys.
Through their history several innovations were launched on the market such as the first automatic eviscerator in the early seventies, automatic rehangers in the eighties, and deboning solutions in recent years. Currently the focus seems to be on high speed processing.[7][8]
External links
Notes
- ^ The National Provisioner. (2012, 15 June). Meyn opens new headquarters in Oostzaan with gift for Dutch Food Bank. Retrieved from https://www.provisioneronline.com/articles/98068-meyn-opens-new-headquarters-in-oostzaan-with-gift-for-dutch-food-bank
- ^ Brouwer, J.J., Zwan, van der G., 2018. Sustainability First. Global challenges, Dutch solutions. C2i Business Stories, Den Haag, 146-151.
- ^ Wikisage. Piet Meijn. Retrieved from http://nl.wikisage.org/wiki/Piet_Meijn
- ^ Altor. (2004, 12 May). Retrieved from https://altor.com/altor-divests-world-leading-food-equipment-producer-meyn-to-ctb-inc-a-subsidiary-of-berkshire-hathaway-inc/
- ^ Thomson Reuters. (2012, 4 May). Buffett buys Dutch poultry-processing device maker. Retrieved from https://www.reuters.com/article/buffett-meyn/buffett-buys-dutch-poultry-processing-device-maker-idUSL5E8G4F3920120504
- ^ CTB, Inc. (2012, 4 May). CTB to Acquire Meyn Holding B.V. Retrieved from http://www.ctbinc.com/news.php?news_id=44
- ^ Bloomberg. (2019, 20 March). Company Overview of Meyn Food Processing Technology B.V. Retrieved from https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=829920
- ^ Zootecnica International. (2017, 23 January). Interview with Robbert Birkhoff of Meyn. Retrieved from https://zootecnicainternational.com/focus-on/interview-robbert-birkhoff-meyn/
Category:Companies of the Netherlands Category:Poultry farming