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Marel is an Iceland-based manufacturing company that designs and distributes food processing equipment for poultry, meat and fish processing industries...
Read moreMarel is an Iceland-based manufacturing company that designs and distributes food processing equipment for poultry, meat and fish processing industries...
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News
investment
Nov 16, 2022
https://www.marketscreener.com/quote/stock/TYSON-FOODS-INC-14672/news/Soft-Robotics-Inc-secures-26M-in-first-close-of-Series-C-led-by-Tyson-Ventures-Marel-and-Johnsonv-42345168/?utm_medium=RSS&utm_content=20221117
Marel HF has invested $26M in Soft Robotics, Inc.
Acquisition
Apr 27, 2022
GlobeNewswire
Marel acquired Wenger Manufacturing LLC for $540M
Marel Competitors
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Marel Quarterly and Annual Revenue
Trailing 12-Months Trend (TTM)
Annual Revenue
$1.6B
Marel's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 557.1M. Over the last four quarters, Marel's revenue has decreased by 15%. Specifically, in Q4 2021's revenue was $372.7M; in Q1 2022, it was $413.8M; in Q2 2022, it was $416.7M; in Q3 2022, Marel's revenue was $438.5M.
Marel News
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Marel Summary
ABOUT
Overview
Marel is an Iceland-based manufacturing company that designs and distributes food processing equipment for poultry, meat and fish processing industries. Marel was founded in 1983. Marel's headquarters is located in Gardabaer, Capital Region, IS IS-210...CEO
Marel's CEO, Arni Oddur Thordarson, currently has an approval rating of 90%. Marel's primary competitors are JBT, Meyn & Baader.Website
marel.comCompetitors
View 19 Marel competitors here.Acquisitions
View 12 companies acquired by Marel here.Funding
View Marel funding details.Investments
View 4 Marel investments here.Frequently Asked Questions about Marel
When was Marel founded?
Marel was founded in 1983Who is Marel's CEO?
Marel's CEO is Arni Oddur ThordarsonHow much revenue does Marel generate?
Marel generates $1.6B in revenueHow much funding does Marel have?
Marel has historically raised $0 in fundingWhere is Marel's headquarters?
Marel's headquarters is in Gardabaer Capital Region, IS
How many employees does Marel have?
Marel has 6,645 employeesWhat sector does Marel operate in?
Marel is in Heavy Machinery and Equipment ManufacturingWho are Marel's competitors?
Marel's top competitors are JBT, Meyn, BaaderWho has Marel invested in?
Marel's has invested in companies such as Soft Robotics, Worximity, Stranda Prolog