Type Public Industry Food processing Headquarters Iceland | Traded as Nasdaq Iceland: MARL Area served Worldwide Founded 1983 | |
Key people Árni Oddur Þórðarson
(CEO)
Ásthildur Margrét Otharsdóttir
(Chairman) Products Food processing equipment, systems Stock price MARL (ICE) ISK 322 -2.00 (-0.62%)20 Mar, 1:38 PM GMT - Disclaimer Subsidiaries Marel A/S, MPS Meat Processing Systems B.V. Founders Þórður Vigfússon, Rögnvaldur Ólafsson | ||
Marel hf (Nasdaq Iceland: MARL) is an Icelandic company that provides equipment, systems and services to the food processing industry. The company's brands include Marel, Stork Poultry Processing and Townsend Further Processing.
Contents
Marel flexicut dual flexicut system at v sir pinbone removal portioning and grading of whitefish
History
Marel was founded on March 17, 1983, and is headquartered in Garðabær, Iceland. In 2007, Marel changed its corporate identity to Marel Food Systems. However, in 2010, after its integration with Stork Food Systems was completed, the name was changed back to Marel. In 2013, the Company was named supplier of the year by the American Meat Institute. In 2014, the Company won the overall innovation award at VIV Europe as well as for innovation in processing. At the end of 2014, it had 4,053 employees and annual revenues of €713 million.
Products
Marel focuses on poultry, fish, meat and further processing. The company has worked on technological improvements to the provision of fish fillets. In 2012, Marel won a EuroTier Gold Award for its contribution to environmental conservation and product safety in poultry processing.