JBT Corporation Confirms Non-Binding Proposal to Acquire Marel

November 27, 2023 JBT Corporation

“JBT today confirmed that it has submitted a non-binding initial proposal to the board of directors of Marel hf. (“Marel”), whose shares are listed on Nasdaq Iceland and Euronext Amsterdam, in respect of a potential voluntary takeover offer for the entire share capital of Marel in accordance with Chapters X and XII of the Icelandic Takeovers Act no. 108/2007. ”

Marel Laying Off 5% Of Staff in Their Global Workforce to Meet 2023 Targets

July 20, 2022 Iceland Monitor

The acquisition of Wenger was a positive step for the company, but in order to meet their target goals for 2023 they are going to lay off 5% of staff in their global workforce, which could save EUR 20m annually. The company is hoping to show a better second half of 2022 with these changes and the high order status is a positive sign in reaching that goal.

Bristol Invests in Alaska Cod Capabilities

January 14, 2021 Bristol Seafood

Bristol Seafood announced today it aligned with Bristol Bay Alaska Seafoods, owner of the Blue North, state of the art Alaska Cod harvester, and also completed a significant investment in the filleting capabilities of its Portland, Maine plant.

Marel Agrees to Acquire TREIF, a German Food Cutting Technology Provider

September 8, 2020 Marel

Marel is pleased to announce an agreement to acquire German food cutting technology provider TREIF Maschinenbau GmbH (“TREIF”). The two companies have a great strategic and cultural fit with complementary product portfolios and geographic presence, creating a strong platform to enhance further growth.

Marel Curio Acquisition a Boost For Fish Processing

November 4, 2019 Government Europa

Marel, one of the world’s largest producers of food processing machinery, has also negotiated an option for the acquisition of the remaining 50% of shares in Curio in four years.