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Marel hf. makes food processing machinery, software and systems for poultry, meat, fish and prepared food processors.
Founded in 1983 in Iceland, Marel hf. sells automated processing lines, Marel Food Processing Software and training through Marel Academy to food processors worldwide. Arni Thordarson is the CEO. The company raised EUR 370 million in an IPO in March 2022, issuing 100 million shares at EUR 3.7 per share on Euronext Amsterdam and the Iceland Stock Exchange. In 2023 it reported revenue of ISK 1,863,234,333.0 and EBITDA of ISK 199,377,114.1.
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