Marel

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Marel hf.
Public
Traded as OMX: MARL
Industry
Founded Reykjavik, Iceland (March 17, 1983 (1983-03-17))
Founder Rögnvaldur Ólafsson
Þórður Vigfússon
Headquarters Garðabær, Iceland
Area served
 Worldwide
Key people
 Árni Oddur Þórðarson
(CEO)[1]
Ásthildur Margrét Otharsdóttir
(Chairman)[2]
Products Food processing equipment, systems
Revenue Increase €713 million (2014)[2]
Decrease €29.2 million (2014)[2]
Decrease €11.7 million (2014)[2]
Total assets Increase €851.4 million (2014)[2]
Total equity Increase €427.5 million (2014)[2]
Number of employees
 4,000[3]
Website marel.com

Marel hf (OMX: MARL) is an Icelandic company that provides equipment, systems and services to the food processing industry.[4] The company's brands include Marel, Stork Poultry Processing and Townsend Further Processing.[5]

History

Marel was founded on March 17, 1983 and is headquartered in Gardabaer, Iceland. In 2007, Marel changed its corporate identity to Marel Food Systems.[6] However, in 2010, after its integration with Stork Food Systems was completed, the name was changed back to Marel.[7] In 2013, the Company was named supplier of the year by the American Meat Institute.[8] In 2014, the Company won the overall innovation award at VIV Europe as well as for innovation in processing.[9] At the end of 2014, it had 4,053 employees and annual revenues of €713 million.[2]

Products

Marel focuses on poultry, fish, meat and further processing.[10] The company has worked on technological improvements to the provision of fish fillets.[11][12] In 2012, Marel won a EuroTier Gold Award for its contribution to environmental conservation and product safety in poultry processing.[13][14]

References

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External links

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