Marel hf - Company Profile
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Marel hf (Marel) is a provider of advanced solutions and services for food processing. The company manufactures, develops, distributes, and sells advanced equipment, systems and provide services and solutions to the fish, meat, and poultry processing industries. It offers systems for processing broilers, turkeys and ducks, equipment and systems for processing farmed and wild salmon and whitefish onboard and ashore. Marel also provides solutions for deboning and trimming, case ready food service, bacon processing; and provides products for portioning, coating, heat treatment and sausage making. The company provides services to customers in the poultry, fish, meat, and further processing industries. It has operations across the Americas, Europe, Asia and Oceania, and Middle East and Africa. Marel is headquartered in Gardabaer, Iceland.
Headquarters
Iceland
Address
Austurhraun 9, Gardabaer, 210
Website
www.marel.com
Telephone
354 5 638000
No of Employees
7,500
Industry
Industrial Goods and Machinery
Revenue (2023)
$1.9B
Marel hf premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Integrated Poultry Processing Systems | Repairs | Marel |
| Meat Processing Equipment | Software Services | |
| Equipment and Systems for Fish Processing | Planned Maintenance | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In January, the company signed an agreement with LAXEY for the Marel processing equipment and software for a new land-based salmon slaughterhouse. |
| 2024 | Plans/Strategy | In December, the company announced its plans to sell a 97.5% stake to John Bean Technologies Europe B.V. |
| 2024 | Others | In August, the company announced to merge with JBT Corporation, a food processing machinery and automated vehicle company. |
Competitor Comparison
| Key Parameters | Marel hf | Precia S.A. | Baader GmbH And Co KG | Frontmatec A/S | GEA Food Solutions Germany GmbH |
|---|---|---|---|---|---|
| Headquarters | Iceland | France | Germany | Denmark | Germany |
| City | Gardabaer | Veyras | Lubeck | Skive | Biedenkopf-Wallau |
| State/Province | - | Rhone Alpes | Schleswig-Holstein | - | Hessen |
| No. of Employees | 7,500 | 1,260 | - | - | - |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Arnar Thor Masson | Chairman | Executive Board | 2021 | 54 |
| Arni Sigurdsson | Chief Executive Officer | Senior Management | 2023 | - |
| Sebastiaan Boelen | Chief Financial Officer | Senior Management | 2024 | - |
| David Freyr Oddsson | Chief Human Resources Officer | Senior Management | 2022 | - |
| Olafur S. Gudmundsson | Vice Chairman | Executive Board | 2021 | 55 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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