Marel has reached an agreement on the sale of its Scanvaegt Norfo sawing system division in Bornholm Denmark to Nienstedt G.m.b.H. The transaction price is at the request of Nienstedt G.m.b.H. kept confidential. While the sale will have an insignificant effect on the turnover and profit of Marel Food Systems in 2008, it is nevertheless important in terms of sharpening the focus on the company’s core activities. Under the agreement, Nienstedt G.m.b.H will be offering customer support to the Norfo sawing system equipment already in service.
Supreme Court rules Svalbard snow crab belongs to Norway Norway
The Norwegian Supreme Court ruled that snow crab is a sedentary species and, consequently, that Norwegian authorities have exclusive rights to manage the crab stocks in the waters around the Arctic archipelago of Svalbard.
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