Where is Marel located?

Marel is headquartered in Reykjavik, Iceland. It is registered at 29, Langebjerg, Roskilde, 4000.

How many employees does Marel have?

As of Sep 30, 2026, the latest employee count at Marel is 3750.

Is Marel a funded company?

Marel is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Mar 01, 2015.

When was the latest funding round of Marel?

Marel's latest funding was a $***** Grant (prize money) round on Mar 08, 2023, with participation from 1 investor.

What is the annual revenue of Marel?

Annual revenue of Marel is between $10M and $50M as on Dec 31, 2015

Where does Marel rank among its competitors?

Marel ranks 3rd amongst 478 active competitors, of which 15 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Dripl, which secured $4.64M in Jan, 2026.

Who are the top competitors of Marel?

Marel's top competitors include John Bean Technologies, Gea and Tetra Pak. Among them, Dripl secured the most recent funding round in January, 2026.

Marel - 2026 Company Profile, Team, Funding, Competitors & Financials

Marel is an acquired company based in Reykjavik (Iceland). It operates as a Manufacturer of processing equipment and software for food production industries. Marel has raised an undisclosed amount in funding. The company has 478 active competitors, including 15 funded and 77 that have exited. Its top competitors include companies like John Bean Technologies, Gea and Tetra Pak.

Company Details

Manufacturer of processing equipment and software for food production industries. The business provides automated machinery and integrated processing lines for the poultry, meat, fish, and beverage sectors. It develops data-driven software tools designed to optimize production performance, ensure traceability, and monitor operational efficiency. Additionally, the company offers maintenance, spare parts, training, and modernization services to support the entire lifecycle of its equipment. Operations include the provision of automation technologies for preparing, processing, and handling products across various food segments, including plant-based alternatives and pet food.

Website: marel.com
Registered Address: 29, Langebjerg, Roskilde, 4000

Key Metrics

Location

Reykjavik, Iceland

Stage

Acquired

Latest Funding Round

Grant (prize money), Mar 08, 2023, $*****

Investors

Paros Capital & 4 more

Ranked

3^rd among 478 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2015

Employee Count

3,750 as on Sep 30, 2026

Investment & Acquisitions

Tanmiah & 8 more

Similar Companies

John Bean Technologies & 498 more

Exit Details

Acquired by John Bean Technologies (Dec 20, 2024)

View Marel's full profile

Marel is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Marel Salmon A/s CIN: 66309711 , Denmark, Active	Jul 26, 1981	-	312 (As on Mar 31, 2024)
Marel Meat A/S CIN: 13009910 , Denmark, Active	Dec 13, 1976	$10M - $50M (As on Dec 31, 2015)	-

Marel got acquired by John Bean Technologies on Dec 20, 2024.

Click here to take a look at Marel's acquisition in detail

Marel has raised funding over 5 rounds. Its first funding round was on Mar 01, 2015. Its latest funding round was a Grant (prize money) round on Mar 08, 2023 for $*****. 1 investor participated in its latest round. Marel has 5 institutional investors.

Here is the list of recent funding rounds of Marel:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 08, 2023	3782214	Grant (prize money)	6261415	2806509	9484005	3491319
Jan 01, 2023	3290994	Grant (prize money)	2985099	2152009	4342308	Europa
Oct 01, 2021	4320813	Grant (prize money)	2236472	5034125	2169947	Europa

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View details of Marel's funding rounds and investors

Marel's employee count trend

Marel has 3,750 employees as of Sep 26. Here is Marel's employee count trend over the years:

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Top competitors of Marel include John Bean Technologies, Gea and Tetra Pak. Here is the list of Top 10 competitors of Marel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	John Bean Technologies 1894, Chicago (United States), Public	Designer, manufacturer and supplier of complete meat processing lines	-	-	68/100
2nd	Gea Germany, Public	Provider of systems, machinery, plants, process technology, components, and related services	$882K	Sofimac Investment Managers, Credit Agricole Center France ... & 4 others	66/100
3rd	Marel Reykjavik (Iceland), Acquired	Manufacturer of processing equipment and software for food production industries	-	Paros Capital, Equistone Partners Europe & 3 others	66/100
4th	Tetra Pak 1951, Pully (Switzerland), Series D	Provider of food processing and packaging equipment	$105M	Nuvolab, Europa	65/100
5th	Key Technology 1948, Walla Walla (United States), Acquired	Manufacturer of food processing equipment and sorting machines	-	PMV, LRM & 1 others	63/100
6th	Buhler 1860, Uzwil (Switzerland), Funding Raised	Provider of alternative proteins, food ingredients, and other product processing services	-	Europa, Mulhacen Holding	50/100
7th	Dripl 2019, Gentbrugge (Belgium), Series A	Manufacturer of food equipments	$6.97M	Faraday, Spadel & 4 others	49/100
8th	Middleby 1888, Elgin (United States), Public	Manufacturer of commercial and residential cooking equipment	-	Bank of America	48/100
9th	iKcon 2019, Dubai (United Arab Emirates), Acquired	Manufacturer of kitchen equipments	$32M	https://mynaghi.com/english/index.php, B&Y Venture Partners ... & 7 others	44/100
10th	Kepler 1925, Sao Paulo (Brazil), Public	Manufacturer of bulk storage, processing and handling equipment	-	-	44/100

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Marel has made 4 investments in companies including Tanmiah and Soft Robotics. Marel has also acquired 5 companies including Wenger Manufacturing and Poultry Machinery Joosten.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 25, 2023	Investments	Tanmiah	1961	Riyadh (Saudi Arabia)
Nov 17, 2022	Investments	Soft Robotics	2013	Cambridge (United States)
May 25, 2022	Investments	Worximity	2011	Montreal (Canada)