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Marel
AddedFeb 15, 2024
UpdatedJun 28, 2026
Marel

Marel

Public

Marel: An Iceland-based multinational, providing innovative food processing solutions for poultry, meat, and fish industries.

HQ
Garðabær, Capital Region, IS
Founded
1983
Overview
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Fundraising
Employees
Website

Founded on March 17, 1983, in Reykjavík, Iceland, Marel is a multinational company specializing in innovative food processing solutions for the poultry, meat, and fish industries. Headquartered in Garðabær, Iceland, Marel offers a wide range of products and services including equipment manufacturing, software solutions, and comprehensive service packages. The company operates in over 30 countries and employs approximately 8,000 people, focusing on enhancing efficiency and sustainability in food processing.

Notable figures associated with Marel include its founder Rögnvaldur Ólafsson. The company is publicly traded on Nasdaq Iceland and Euronext under the ticker symbols MARL and MAREL, respectively. Marel's key achievements include pioneering advancements in food processing technology and maintaining a strong global presence. Their impact is evident in the enhanced operational efficiencies and sustainability practices they bring to the food processing industry worldwide.

Marel - Quick Facts

When was Marel founded?

Marel was founded in 1983.

Where is Marel's headquarters located?

Marel's headquarters is located in Garðabær, Capital Region, IS.

How much has Marel raised to-date?

As of Jun 7, 2019, Marel has raised a total of $20.3M (USD).

How many employees does Marel have?

Marel has 5,000 employees as of Feb 6, 2024.

Marel - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • Automation
  • Robotics
Geographic Exposure
  • Global
Revenue
  • Software
  • Transactional
Customer
  • Enterprise
Main Product
  • Equipment
  • Food Processing
Tags
  • Manufacturing
NAICS
  • 310000Manufacturing
  • 311000Food Manufacturing
SIC
  • 2000Food And Kindred Products
Show 6 more industry codes
NAICS
  • 110000Agriculture, Forestry, Fishing and Hunting
  • 112000Animal Production and Aquaculture
  • 112300Poultry and Egg Production
SIC
  • 200Agricultural Production-livestock And Animal Specialties
  • 250Poultry And Eggs
  • 259Poultry And Eggs, Not Elsewhere Classified