MPS meat processing systems

World market leader for highly automated slaughtering systems

 

Company

MPS meat processing systems (MPS) is the world market leader for highly automated slaughtering systems. The company designs, manufactures and implements sophisticated, highly engineered processing systems for red meat slaughtering (primarily pig), meat logistics (cutting room) and wastewater treatment world-wide. As a full-service provider MPS attaches great importance to a comprehensive project management from design and construction through to operational handover.

Initial Situation

After a spin-off from the Stork Group, two turnaround managers successfully restructured the company. Afterwards they were looking for a partner to support them with the identification of a new CEO as well as the growth and internationalisation of the business. In July 2004 Steadfast Capital, together with management, acquired 100% of the business with the sellers reinvesting some of their proceeds in the transaction.


Corporate Development

With this transaction Steadfast Capital secured the future of the medium-sized business. Among other things, we actively supported the following projects during our partnership with MPS:

  • Recruitment of a new CEO
  • Implementation of a management incentive programme
  • Analysis and execution of an acquisition in Denmark to widen the product range
  • Relocation of parts of production to China
  • Implementation of an advisory board with sector experts


Im August 2010 Steadfast Capital sold its stake to a financial buyer.