When was Marel founded?

Marel was founded in 1996 and raised its 1st funding round 19 years after it was founded.

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 Jan 22, 2026, the latest employee count at Marel is 3935.

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.

Where does Marel rank among its competitors?

Marel ranks 1st amongst 464 active competitors, of which 24 are funded. It stands 5th 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 Tetra Pak, John Bean Technologies and Gea. 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), founded in 1996. It operates as a Manufacturer of meat processing equipment. Marel has raised an undisclosed amount in funding. The company has 464 active competitors, including 24 funded and 101 that have exited. Its top competitors include companies like Tetra Pak, John Bean Technologies and Gea.

Company Details

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

Key Metrics

Founded Year

1996

Location

Reykjavik, Iceland

Stage

Acquired

Latest Funding Round

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

Investors

Eyrir Invest & 3 more

Ranked

1^st among 464 active competitors

Employee Count

3,935 as on Jan 22, 2026

Investment & Acquisitions

Tanmiah & 8 more

Similar Companies

Tetra Pak & 489 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	Documents
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	$21.2M (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 4 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	6431099	Grant (prize money)	8393598	4688511	1357674	9704735
Jan 01, 2023	7841706	Grant (prize money)	1773890	6835036	5928244	Europa
Oct 01, 2021	4042528	Grant (prize money)	4465001	5864312	5603573	Europa

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Marel's employee count trend

Marel has 3,935 employees as of Jan 26. Here is Marel's employee count trend over the years:

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Top competitors of Marel include Tetra Pak, John Bean Technologies and Gea. 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	Marel 1996, Reykjavik (Iceland), Acquired	Manufacturer of meat processing equipment	-	Eyrir Invest, Paros Capital & 2 others	69/100
2nd	Tetra Pak 1951, Pully (Switzerland), Series D	Provider of food processing and packaging equipment	$105M	Nuvolab, Europa	67/100
3rd	John Bean Technologies 1894, Chicago (United States), Public	Designer, manufacturer and supplier of complete meat processing lines	-	-	65/100
4th	Gea Germany, Public	Provider of systems, machinery, plants, process technology, components, and related services	$882K	Sofimac Investment Managers, Credit Agricole Center France ... & 4 others	65/100
5th	Key Technology 1948, Walla Walla (United States), Acquired	Manufacturer of food processing equipment and sorting machines	-	PMV, LRM & 1 others	59/100
6th	Middleby 1888, Elgin (United States), Public	Manufacturer of commercial and residential cooking equipment	-	Bank of America	55/100
7th	Structural Concepts 1972, Muskegon (United States), Acquired	Manufacturer of food processing and quality testing equipment	-	-	52/100
8th	Dripl 2019, Gentbrugge (Belgium), Series A	Manufacturer of food equipments	$6.97M	Faraday, Spadel & 4 others	50/100
9th	Proven Partners Group 2004, Elgin (United States), Acquired	Supply chain solution in the food and nutrition industries	-	-	47/100
10th	Espro 2002, Kewaskum (United States), Acquired	Manufacturer of coffee processing equipment	$1.4M	First West Credit Union, Bibby Financial Services	46/100

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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)