Marel at a Glance
WHO WE ARE
Marel is the leading global provider of advanced processing systems and services to the Poultry, Meat and Fish industries.
Marel's state-of-the-art equipment and systems help food processors of all sizes, in all markets, to operate at peak productivity.
With around 5,100 employees worldwide, offices and subsidiaries in some 30 countries, and a network of more than 100 agents and distributors, Marel is in a unique position to serve its customers wherever they may be located.
ONE COMPANY SERVING THREE INDUSTRIES
Marel's three industry segments combine all the knowledge, expertise and decades of experience accumulated across the company in each of the core industries it serves.
United in one company, Marel offers its customers the convenience of a single source for products to meet their every need.
In partnership with our customers we are transforming the way food is processed.
Our vision is of a world where quality food is produced sustainably and affordably.
Our values sum up every aspect of Marel. They represent our way of working, and the ideas important to all of us.
We are united
in our success
the value we create
Excellence is what differentiates us
Arni Oddur Thordarson, Chief Executive Officer
Our CEO since 2013, Thordarson served on the Board of Directors of Marel from 2005 to 2013, the majority of the time as Chairman. During his time as CEO, he has overseen many of the initiatives that have made Marel a leader in the food processing industry.
2016 was a great year for Marel. It was a year of strategic moves and solid performance with 983 million in pro forma revenue and 14.6% EBIT.
Marel’s share price stood at ISK 243.00 at the end of 2016, compared to ISK 253.50 at the end of 2015, a decrease of 4.1%. In euros, the shares stood at €2.04 per share at year-end compared to €1.79 at the end of 2015.
The company was established in Reykjavik, Iceland in 1983 and still has its headquarters there. It is listed on Nasdaq OMX Iceland under the symbol MARL.