Marel Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Public

  • Employees
  • 7,789


  • Stock Symbol

Stock Symbol

  • Investments
  • 20

  • Share Price
  • $3.42
  • (As of Friday Closing)

Marel General Information


Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, meat and further food processing industries and is involved in the manufacturing, development, distribution and sales of solutions for these industries. The company offers systems for processing broilers, turkeys and ducks, equipment and systems for salmon and whitefish processing, both farmed and wild, onboard and ashore. In addition, it also focuses on deboning and trimming, case ready foodservice and bacon processing. The firm also provides products for portioning, coating, heat treatment and sausage making. It organizes its business in four segments; poultry, fish, meat, and plant, pet and feed.

Contact Information

Formerly Known As
Marel Food Systems
Ownership Status
Publicly Held
Financing Status
Primary Industry
Machinery (B2B)
Stock Exchange
Corporate Office
  • Austurhrauni 9
  • Gardabaer, 210
  • Iceland
+354 563 0000

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Marel Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$3.42 $3.43 $2.28 - $4.49 $2.64B 754M 1.34M $0.04

Marel Financials Summary

In Thousands,
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 3,504,598 3,504,598 3,375,813 5,213,558
Revenue 1,862,685 1,862,685 1,796,532 1,608,872
EBITDA 191,527 191,527 183,785 229,957
Net Income 33,544 33,544 61,717 114,447
Total Assets 2,873,819 2,873,819 2,891,613 2,270,103
Total Debt 951,528 951,528 957,008 312,833
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Marel Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Marel Comparisons

HQ Location
Total Raised
Post Valuation
Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, m
Machinery (B2B)
Gardabaer, Iceland
7,789 As of 2023
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Dusseldorf, Germany
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Montfoort, Netherlands
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Marel Competitors (35)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
GEA Group Formerly PE-Backed Dusseldorf, Germany 00000 000000&0
Kiremko Corporation Montfoort, Netherlands 000
Meyn Food Processing Technology Formerly PE-Backed Oostzaan, Netherlands 0000 000000&0
Kadant Corporation Westford, MA 0000 00000000
Krones Corporation Neutraubling, Germany 00000 00000000
You’re viewing 5 of 35 competitors. Get the full list »

Marel Executive Team (18)

Name Title Board Seat Contact Info
Arni Sigurdsson Chief Executive Officer
Sebastiaan Boelen Chief Financial Officer
Stacey Katz Chief Financial Officer, Finance
Linda Jonsdottir Chief Operating Officer, Operations
Roger Claessens Executive Vice President & Managing Director, Marel Poultry
You’re viewing 5 of 18 executive team members. Get the full list »

Marel Board Members (2)

Name Representing Role Since
00000 000000 Self Chairman & Board Member 000 0000
000000000 00000000 Marel Board Member 000 0000
To view Marel’s complete board members history, request access »

Marel Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Marel Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Marel Investments & Acquisitions (20)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Marel Oranienburg 03-Apr-2023 0000000000 000.00 Electronic Equipment and Instruments 0000 0000
Soft Robotics 21-Feb-2023 00000 0000 0000 Electronic Equipment and Instruments
Wenger Manufacturing 09-Jun-2022 0000000000 00000 Machinery (B2B) 0000 0000
Worximity 25-May-2022 00000 0000 000.00 Database Software 0000 0000
Sleegers Technique 22-Apr-2022 Merger/Acquisition Machinery (B2B) 0000 0000
You’re viewing 5 of 20 investments and acquisitions. Get the full list »

Marel Subsidiaries (6)

Company Name Industry Location Founded
Valka Business/Productivity Software Kopavogur, Iceland 2003
Curio (Machinery (B2B)) Machinery (B2B) Garðabær, Iceland 0000
Sleegers Technique Machinery (B2B) Nieuwkuijk, Netherlands 0000
Marel Oranienburg Electronic Equipment and Instruments Oranienburg, Germany 0000
Marel TREIF Machinery (B2B) Oberlahr, Germany 0000
You’re viewing 5 of 6 subsidiaries. Get the full list »

Marel ESG

Risk Overview

Risk Rating

Updated August, 04, 2023

24.09 | Med Risk

Risk Scale

A lower score indicates better sustainability












Exposure refers to the extent to which a company is exposed to different material ESG issues



Management is related to actions taken to manage ESG issues


Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.


Covered Companies

00 of 16,173






00 of 606




Industrial Machinery


00 of 450




To view Marel’s complete esg history, request access »

Marel Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Stranda Prolog 29-Jan-2021 000000000 Completed
  • 00000
To view Marel’s complete exits history, request access »

Marel FAQs

  • When was Marel founded?

    Marel was founded in 1983.

  • Who is the CEO of Marel?

    Arni Sigurdsson is the CEO of Marel.

  • Where is Marel headquartered?

    Marel is headquartered in Gardabaer, Iceland.

  • What is the size of Marel?

    Marel has 7,789 total employees.

  • What industry is Marel in?

    Marel’s primary industry is Machinery (B2B).

  • Is Marel a private or public company?

    Marel is a Public company.

  • What is Marel’s stock symbol?

    The ticker symbol for Marel is MAREL.

  • What is the current stock price of Marel?

    As of 19-Apr-2024 the stock price of Marel is $3.42.

  • What is the current market cap of Marel?

    The current market capitalization of Marel is $2.64B.

  • What is Marel’s current revenue?

    The trailing twelve month revenue for Marel is $1.86B.

  • Who are Marel’s competitors?

    GEA Group, Kiremko, Meyn Food Processing Technology, Kadant, and Krones are some of the 35 competitors of Marel.

  • What is Marel’s annual earnings per share (EPS)?

    Marel’s EPS for 12 months was $0.04.

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