Stork N.V.
From Wikipedia, the free encyclopedia
Stork is a Dutch manufacturing and service providing company with its headquarters in Naarden. It was founded in 1868 by Charles Theodoor Stork, although in the 20th century the company merged with companies founded as early as 1827. Stork has four operating companies: Stork Prints, Stork Food Systems, Stork Aerospace, and Stork Technical Services.
Stork N.V. bought the parts manufacturing and aircraft servicing divisions of Fokker at the time of its bankruptcy and formed Stork Aerospace.
The Stork, NV office in North America is located in Gainesville, Georgia.
The company agreed to a € 1.5 billion takeover by a consortium led by British buyout firm Candover on 28 November 2007. As part of the deal, Stork's food systems unit will be sold on to Marel Food Systems, an Icelandic firm controlled by Landsbanki Íslands and Eyrir Invest.[1] The consortium delisted Stork from the Amsterdam Stock Exchange on 19 February 2008, having obtained around 98% of the company's shares by mid-January.[2]
[edit] References
- ^ Molenaar, Jeroen. "Candover-Led Group to Buy Stork for EU1.5 Billion", Bloomberg, 28 November 2007. Retrieved on 2007-11-28.
- ^ Kreijger, Gilbert. "Consortium plans to delist Stork shares in Feb", Reuters, 22 January 2008. Retrieved on 2008-02-01.