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Meyn Food Processing Technology

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Meyn Food Processing Technology B.V.
Company typeCorporation
IndustryManufacture of machinery for food processing; ISIC C2825
Founded1959; 66 years ago (1959) in Oostzaan, Netherlands
FounderPiet Meijn, Cor Koning
Headquarters
Oostzaan
,
Netherlands
Number of locations
14 offices
Area served
Worldwide
Owner
Number of employees
>1000
ParentBerkshire Hathaway
Websitewww.meyn.com
The office of Meyn in Georgia, USA
File:Meyn's office in Poland.png
The office of Meyn in Lębork, Poland
File:Eieren kisten 1959.png
Piet Meyn Senior (left) transporting crates with eggs (1959)
The Apollo eviscerator, developed by Meyn and launched onto the market in 1972

About

Meyn Food Processing Technology (better known as Meyn) is a supplier of poultry processing solutions. The principal activity of Meyn is the manufacturing of poultry processing equipment for poultry processing plants. They operate in over ninety countries worldwide and on all continents including Europe, North America, Latin America, Asia, and Africa.[1][2] They employ approximately 1,000 people and have a network of 14 sales offices. Its head office is in Oostzaan, the Netherlands.[3]

On 31 July 2012, Meyn was taken over by CTB, Inc. (CTB), a subsidiary of Berkshire Hathaway Inc, a designer, manufacturer and marketer of agricultural systems and solutions.[4][5]

History

Meyn was founded in the small town of Oostzaan, the Netherlands, in 1959 by Piet Meijn and Cor Koning. The poultry processing industry is deeply rooted in the region of Oostzaan, where the company developed its first machine to break eggs. It soon followed with the development of machinery to process poultry as a response to increasing local wages.[6][7]

Following various earlier changes of ownership, Meyn was acquired by Altor Funds (Altor) in 2005. Under its new ownership, the company grew to become the world market leader in this sector, with a turnover of more than 200 million euros. They expanded their business to more than 90 countries and built factories in the United States and Poland.[8]The share of new projects being sold to emerging markets rose substantially while the total workforce doubled from 500 to 1,000 people. In 2012, Altor reached an agreement with CTB, a subsidiary of Berkshire Hathaway Inc, on the sale of Meyn to them. The acquisition was announced by CTB on May 4 of that year.[4][5][9]

Products

The company manufactures poultry processing equipment for commercial birds, mainly broilers. Their equipment is deployed along the complete processing line for 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.[10]

Notes

  1. ^ 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
  2. ^ De Parool.(2012, 4 May). Buffett koopt Nederlandse pluimveeverwerker. Retrieved from https://www.parool.nl/nieuws/buffett-koopt-nederlandse-pluimveeverwerker~bf28a5b1/
  3. ^ Brouwer, J.J., Zwan, van der G., 2018. Sustainability First. Global challenges, Dutch solutions. C2i Business Stories, Den Haag, 146-151.
  4. ^ a b 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
  5. ^ a b RTL Nieuws. (2012, 4 May). Buffett koopt Nederlandse pluimveeverwerker Meyn. Retrieved from https://www.rtlnieuws.nl/economie/artikel/3335311/buffett-koopt-nederlandse-pluimveeverwerker-meyn/
  6. ^ de Volkskrant. (1999, 5 August). Meyn kreeg wereldvoorsprong door hoge lonen. Retrieved from https://www.volkskrant.nl/economie/meyn-kreeg-wereldvoorsprong-door-hoge-lonen~bc0ce2fe/
  7. ^ Roels, P., Veenman, R., 2012. Mechanisation. In Time flies. Stichting Oudheidkamer Oostzaan, Oostzaan, 83-86.
  8. ^ NRC. (2012, 15 May). De hele wereld wil kip, en slachtmachines. Retrieved from https://www.nrc.nl/nieuws/2012/05/15/de-hele-wereld-wil-kip-en-slachtmachines-12316194-a134397/
  9. ^ fleischwirtschaft.de. (2012, 8 May). CTB to acquire Meyn Holding B.V. Retrieved from https://english.fleischwirtschaft.de/economy/news/CTB-to-acquire-Meyn-Holding-B.V.-17975
  10. ^ Poultry World. (2010, 8 July). Permanent innovation to stay in the forefront. Retrieved from https://www.poultryworld.net/Home/General/2010/7/Permanent-innovation-to-stay-in-the-forefront-WP007681W/

Category:Companies of the Netherlands Category:Poultry farming

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