Marel

Marel is a multinational food processing firm created in 1983 by Rögnvaldur Lafsson, Jón ór Lafsson, Pétur Jónsson, and Tómas Rkarsson. The firm specializes in developing and supplying equipment, systems, software, and services to the poultry, meat, and fish processing industry sectors. It is currently one of the major producers of food processing equipment for primary, secondary, and tertiary processing.

Marel offers a range of equipment, software, and services for the processing and distribution of poultry, fish, and meat. Their poultry processing division provides advanced integrated systems for slaughtering broilers, turkeys, and ducks while their Fish Processing sector supplies equipment and systems for farmed and wild salmon and whitefish. Marel's Meat Processing division focuses on providing equipment and systems for operations such as slaughtering, deboning, trimming, case-ready food services, and bacon processing. Additionally, Marel offers wastewater treatment equipment to the food sector, along with packing and logistics goods.

Marel is the biggest company in Iceland, with a market capitalization of $3.03 billion. According to Marel's most recent financial filings, the company's current revenue (TTM) is $1.79 billion. In 2021, the company's revenue was $1.58 billion, up from $1.43 billion in 2020. The firm employs roughly 6,000 staff members in offices and subsidiaries in over 30 locations across six continents.

Founded: March 17, 1983
Headquarters: Garðabær, Iceland
Website: https://marel.com