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Marel

#3182

Rank

$3.72B

Marketcap

IS Iceland

Country

Marel
Leadership team

Mr. Arni Oddur Thordarson (Chief Exec. Officer)

Ms. Stacey Katz (Chief Financial Officer)

Ms. Linda Jonsdottir (COO & Exec. VP of Fin., Information Technology and HR)

Products/ Services
Food and Beverage, Food Processing, Machinery Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Garðabær, Gullbringusysla, Iceland
Established
1983
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
MAREL.AS
Social Media
URL
https://marel.com
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
Marel hf. develops, manufactures, sells, and distributes processing equipment, systems, software, and services for poultry, meat, and fish industries. The company's Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks. Its Meat Processing segment provides 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 farmed and wild salmon and whitefish processing. It sells in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company was founded in 1977 and is based in Garðabær, Iceland.
History

Marel was founded in 1983 when some young engineers at the University of Iceland began to experiment with electronics and early computers. Rögnvaldur Ólafsson, Jón Þór Ólafsson, Pétur Jónsson, and Tómas Ríkarðsson identified the needs of many fish processors in Iceland to quickly and accurately weigh fish as they were being processed to minimize the giveaway of product, and withstand the harsh and wet conditions of fish processing plants.The Marel engineers focused on implementing early computer technology into food processing equipment, an area where it had not been used extensively. The design plan was to have an array of interconnected systems to increase automation in food processing.

Mission
Marel strongly believes in delivering innovative products and expertise that will help its customers expand their businesses. By staying ahead of trends, Marel provides solutions that are both efficient and reliable, not only for today but for the future.
Vision
Marel strives to be the preferred food processing solutions provider for the global food industry in order to help customers create meaningful and added value.
Key Team

Ms. Tinna Jónsdóttir Molphy (Director of Investor Relations)

Mr. David Freyr Oddsson (Chief Human Resource Officer)

Ms. Ulrika Lindberg (Exec. VP of Global Markets & Services)

Mr. Rob Smith (Head of Operations)

Arie Tulp (Sales & Marketing Director)

Mr. Arni Sigurdsson (Chief Bus. Officer and Deputy CEO)

Mr. Roger Claessens (Exec. VP of Marel Poultry & Interim EVP of Meat)

Recognition and Awards
In 2020, Marel was named as one of Forbes’ Top 100 companies in the food industry and also received multiple awards for its commitment to innovation, energy efficiency, sustainability and social responsibility.
References

https://en.wikipedia.org/wiki/Marel

https://in.investing.com/equities/marel

https://finance.yahoo.com/quote/MAREL.AS/profile?p=MAREL.AS

https://www.crunchbase.com/organization/marel

https://companiesmarketcap.com/

https://marel.com

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Marel
Leadership team

Mr. Arni Oddur Thordarson (Chief Exec. Officer)

Ms. Stacey Katz (Chief Financial Officer)

Ms. Linda Jonsdottir (COO & Exec. VP of Fin., Information Technology and HR)

Products/ Services
Food and Beverage, Food Processing, Machinery Manufacturing
Number of Employees
1,000 - 20,000
Headquarters
Garðabær, Gullbringusysla, Iceland
Established
1983
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
MAREL.AS
Social Media
URL
https://marel.com