Marel
Machinery ManufacturingGarðabær, Iceland1001-5000 Employees
Marel is a machinery manufacturing company based in Garðabær, Iceland, at 9 Austurhraun Garðabær, Garðabær, with approximately 1,001 to 5,000 employees. It serves protein processors across poultry, meat, and fish sectors, and serves emerging segments such as plant-based proteins, pet food, and aquafeed. Marel's offerings include full-line processing systems as well as specialized services for butchers, bakers, and food retailers, spanning primary and further processing stages. The company emphasizes automation and software to provide data insights, ensure product traceability, and optimize equipment performance, with connectivity across processes to improve yield and reduce resource use. Marel operates in a market addressing challenges like margin pressure, labor shortages, sustainability, and food safety. In May 2026, JBT Marel Corporation announced a quarterly dividend and a share repurchase program.