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Marel logo — Transforming food processing

Marel

Transforming food processing

Founded 1983 Iceland Iceland 5237 employees Grant Total: $20.30M Food and Beverage, Manufacturing

General Information

Company Name Marel
Founded Year 1983
Location Iceland Iceland
Founders / Decision Makers
Team member Team member
Employees 5237
Industries Food and Beverage, Manufacturing
Funding Stage Grant
Social

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About Marel

Marel is a global leader in transforming the way food processing is conducted. The company's slogan, "Transforming food processing" reflects its commitment to revolutionizing the industry. Marel's software, services, systems, and solutions support the production of high-quality, safe, and affordable food in the protein industry. With a relentless focus on sustainability, Marel's solutions effectively reduce waste, enhance yields, and generate economic value. Established in 1983, Marel envisions excellence from the first spark of inspiration to the implementation of a solution. Their headquarters are located in Iceland, and the company operates in over 30 countries, demonstrating a widespread global presence. Marel's last investment of ISK8.00M came from the Technology Development Fund in March 2014. This investment showcases external confidence in Marel's innovative approach and future potential. Through a network of approximately 7,500 people, Marel ensures proximity and assistance to its stakeholders, reinforcing its commitment to excellence in everything they do.

Taxonomy: food processing, global leader, processing systems, protein industries, waste reduction, yield improvement, economic value, network, excellence, poultry processing, meat processing, fish processing, further processing

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Grant ISK8.00M 1
Technology Development Fund
Technology Development Fund
01 Mar 2014
Grant ISK10.00M 1
Technology Development Fund
Technology Development Fund
01 Mar 2013
Grant ISK2.30M 1
Technology Development Fund
Technology Development Fund
01 Mar 2012

Marel Alternatives & Competitors

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Marel vs
Oceana Group Limited
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FAQ About Marel

Transforming food processing
Marel was founded in 1983.
Marel is headquartered in Iceland.
Marel operates in Food and Beverage and Manufacturing. Its work centres on food processing, global leader, processing systems and protein industries.
Marel has approximately 5237 employees.
Marel has completed 3 funding rounds, raising a total of $20.30M. The latest funding stage is Grant.
Top alternatives and competitors to Marel include Oceana Group Limited, Proteus Industries, Nutrientul Sa Palota, Urschel, Corinthian Foods. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Marel and Oceana Group Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Marel, https://bouncewatch.com/company/marel, updated 5 January 2025. When citing, please name BounceWatch and link this page.

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