Marel hf. (ICE: MAREL)
Iceland flag Iceland · Delayed Price · Currency is ISK
483.00
-15.00 (-3.01%)
Jul 2, 2024, 3:29 PM GMT

Marel Company Description

Marel hf. develops, manufactures, distributes, and sells solutions, software, and services to food processing industries in Europe, the Middle East, Africa, the Americas, Asia, and Oceania.

The company operates through four segments: Poultry Processing; Meat Processing; Fish Processing; and Plant, Pet, and Feed.

The company’s Poultry Processing segment offers automated in-line solutions, software, and services for all stages of processing broilers, turkeys, and ducks.

Its Meat Processing segment supplies primary, secondary, and further processing equipment, systems, software, and services of pork, beef, veal, and sheep.

The company’s Fish Processing segment offers equipment, systems, software, and services for processing salmon and whitefish, both farmed and wild, on-board, and ashore.

Its Plant, Pet, and Feed segment provides solutions and services to the pet food, plant-based protein, and aqua feed markets.

The company also provides software assurance agreement, customer support, training, process consultancy, preventive maintenance, consumable packages, calibration, inspection, critical parts, and repair and exchange services, as well as upgrade kits.

Marel hf. was founded in 1977 and is based in Garðabær, Iceland.

Marel hf.
Marel logo
Country Iceland
Founded 1977
Industry Specialty Industrial Machinery
Sector Industrials
Employees 7,500
CEO Arni Sigurdsson

Contact Details

Address:
Austurhraun 9
Garðabær, 210
Iceland
Phone 354 563 8000
Website marel.com

Stock Details

Ticker Symbol MAREL
Exchange Nasdaq Iceland
Fiscal Year January - December
Reporting Currency EUR
ISIN Number IS0000000388
SIC Code 3550

Key Executives

Name Position
Arni Sigurdsson Chief Executive Officer and Member of Executive Board
Sebastiaan Antonius Theodorus Boelen Chief Financial Officer
David Freyr Oddsson Chief Human Resource Officer and Member of Executive Board
Tinna Jónsdóttir Molphy Director of Investor Relations
Arie Tulp Sales and Marketing Director
Kristján Þorsteinsson Director of Finance and Secretary
Bjarki Bjornsson Corporate Director of Treasury and Financing