Marel is a multi-national food processing company based in Iceland.
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16 Facts About Marel
2.
Marel is a large manufacturer of food processing equipment for primary, secondary, and tertiary processing.
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3.
Marel employs approximately 6,000 people in offices and subsidiaries in over 30 countries, across six continents.
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4.
Marel was founded in 1983 when some young engineers at the University of Iceland began to experiment with electronics and early computers.
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5.
Marel engineers focused on implementing early computer technology into food processing equipment, an area where it had not been used extensively.
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6.
Marel develops, manufactures, sells, and distributes equipment, further processing equipment, software and services for the poultry, fish and meat industries.
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7.
Marel offers wastewater treatment equipment designed specifically for the food industry, and packing and logistics products.
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8.
Marel brand was established in 1983 and went public on the Icelandic Stock Exchange in 1992.
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9.
Marel bought MPS meat processing systems in 2015 for €382 million to increase their product offerings in the meat segment to balance their knowhow in the fish and poultry industries.
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10.
In conjunction with the sale, Marel acquired MPS's intra-logistics systems for food industries and industrial wastewater treatment systems.
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11.
In July 2017, Marel acquired Sulmaq in Brazil to expand its operations in South and Central America.
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12.
Under the MAJA acquisition, Marel has acquired a more diverse product line-up and a more extensive global distribution network.
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13.
In October 2019 Marel acquired Cedar Creek Company, an Brisbane, Australian provider of specialized software and hardware equipment for meat, seafood and poultry processors.
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15.
In 2012 Marel was awarded the EuroTier Gold Award for their contribution in environmental conservation and product safety for poultry processing.
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16.
Marel received the most public votes at the event, making them the overall winner of the VIV Europe 2014 innovation award.
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