Meyn
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Meyn - overview
Location
-, -, Netherlands
Primary Industry
Food
About
Meyn specializes in advanced machinery and systems for poultry processing, enhancing efficiency in live bird handling, slaughtering, evisceration, and automation, while ensuring compliance with global welfare standards. Meyn Food Processing Technology B. V. develops machinery for the poultry processing sector.
The company is headquartered in the Netherlands and has seen significant growth since its founding. In May 2012, Meyn was acquired by CTB International from Altor. The current CEOs are JMV Makabuza and Joost Weel. Meyn Food Processing Technology B.
V. specializes in developing advanced machinery and systems for poultry processing, focusing on live bird handling, slaughtering, evisceration, cut-up, deboning, chilling, grading, and automation. Their flagship offerings include the Multi Vision Quality Grading system, which utilizes AI to optimize the cutting process for each bird, and the Physic In-Line Thigh Deboner, recognized for its efficiency and high yield. The company's solutions enhance operational efficiency, ensure compliance with global welfare standards, and maintain consistent carcass quality across various production scales, catering to both small producers and large-scale poultry processors.
Meyn serves a diverse client base that spans regions including China, Latin America, the Middle East, and India, reflecting a strong international presence in the poultry processing industry. Meyn generates revenue through direct sales of its machinery and systems, partnerships with poultry processors, and service agreements that ensure ongoing support and maintenance. In the most recent year, the company reported a revenue of USD 123. 09 mn and an EBITDA of USD 15.
07 mn. The company operates on a B2B model, primarily engaging with large poultry producers who require high-capacity, automated systems to improve productivity and compliance. Customers may opt for tailored solutions based on specific operational needs, which could involve integrating various Meyn products into existing facilities. Key products, such as the Meyn Killer M2.
0, exemplify the company’s commitment to precision and quality, reinforcing its reputation within the market. Meyn plans to expand its product offerings with new machinery aimed at improving efficiency in poultry processing by 2025. The company is targeting growth in markets such as Southeast Asia and Africa, looking to establish a stronger foothold in these regions. Recent funding from the acquisition in May 2012 by CTB International will be used to support these initiatives, particularly in research and development efforts for new product lines.
Primary Industry
Food
Sub Industries
Meat, Poultry & Seafood Products
Website
www.meyn.com
Verticals
EdTech
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Meyn - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Meyn | - | ||||||||
| Add-on | Completed | Nirzevka International | - | ||||||||
| Add-on | Completed | Spectral Fusion Technologies | - | ||||||||
| Add-on | Completed | Systemate Numafa | - | ||||||||
| Buyout | Completed | Meyn | - |
Displaying 1 - 5 of 5
Meyn - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman | BM |
BM Board Member
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