Marel

Reykjavik, Iceland Founded: 1996 • Age: 30 yrs Acquired By John Bean Technologies
Meat processing equipment is manufactured by Marel in Iceland.
Annual revenue - Latest available
Total funding - 5 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Marel

Marel is a company based in Reykjavik (Iceland) founded in 1996 was acquired by John Bean Technologies in December 2024. Marel has completed 5 acquisitions, including Curio, MAJA and Poultry Machinery Joosten.

  • Headquarter Reykjavik, Iceland
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $15.23 K (USD), Grant

    Mar 08, 2023

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Curio

    & 4 more

  • Acquired by
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People of Marel

Headcount 5000-10000
Employee Profiles 136
Board Members and Advisors 4
Employee Profiles
People
Árni Oddur Thórdarson
CEO
People
Vidar Erlingsson
EVP Innovation
People
Linda Jónsdóttir
CFO
People
Pulkit Vijay
Manager Of Innovation & Location Head

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Funding Insights of Marel

Investors in Marel

Marel has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include John Bean Technologies, European Union and Ministerstvo Hospodárstva Slovenskej Republiky.

All
Institutional
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
Complete meat processing lines are designed, manufactured, and supplied.
Locked Locked Locked
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Investor details for Marel

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Marel

Marel has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Curio, MAJA and Poultry Machinery Joosten.

Investments
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Investment portfolio details for Marel

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Online sports betting services are provided via a regulated platform.
Locked Locked 2011 Locked
Manufacturer of duck processing equipment
Locked Locked 1998 Locked
Meat processing and refrigeration machinery are manufactured and supplied.
Locked Locked 1955 Locked
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Complete acquisition details for Marel

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Marel

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Detailed financials for Marel

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Marel Comparisons

Marel Primary company
Description
Meat processing equipment is manufactured by Marel in Icelan...
Location
Reykjavik, Iceland
Founded Year
1996
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Marel

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Marel

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Detailed competitors of Marel

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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Latest news on Marel

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Complete news archive for Marel

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Marel

Marel was founded in 1996 and raised its 1st funding round 19 years after it was founded.

Marel is headquartered in Reykjavik, Iceland.

Arni Sigurdsson is the current CEO of Marel.

Marel was founded in 1996 in Reykjavik, Iceland, where equipment for meat processing is produced. The food processing industry is served through machinery designed for handling and preparation tasks. Operations are based in Iceland, with global reach facilitated by the domain marel.com. Leadership is held by CEO Arni Sigurdsson, overseeing manufacturing activities focused on meat sector needs.

Marel has made 5 acquisitions, including Curio, MAJA, and Poultry Machinery Joosten.

Marel has 3 investors. Key investors include John Bean Technologies, European Union, and Ministerstvo Hospodárstva Slovenskej Republiky.

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