Marel is a step closer to US takeover

Marel, one of the world’s leading seafood and food processing equipment suppliers, announced today that  it has entered into a voluntary takeover transaction agreement with the Chicago  based John Bean Technologies Corporation (“JBT”) that aims to pave the way to a proposed takeover. A previous bid worth around US $2.6bn (around £2bn) by JBT late…

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Mowi processing plant upgrade nears completion

Mowi worker in overalls in the Fort Willam plant shows off the new machinery

Salmon producer Mowi and food processing systems business Marel are putting the final touches on Mowi Scotland’s Fort William processing plant upgrade. The project includes the installation of state-of-the-art food processing and packaging systems. When complete the upgrade will enable the facility to process and pack 200 fish per minute and increase plant capacity to…

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Marel rejects US takeover attempt

Icelandic seafood and food equipment manufacturer Marel has rejected takeover overtures from the US business John Bean Technologies (JBT). The Chicago-based company had offered to buy Marel for around US $2.6 billion (about £2bn) – or around $3.40 per share (£2.68). The Marel board has not ruled out accepting a better offer in future, however.…

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Marel to beef up UK base

MAREL, the Icelandic processing equipment supplier, is upgrading its UK operations to strengthen its brand in the country and offer its workforce a more modern environment. And it is also looking to London for a possible Stock Market listing. The Icelandic company employs almost 200 people in the UK and Ireland and its plans include…

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Marel boosted by favourable markets

MAREL, the international fish and food equipment processing company, has announced strong growth in both new orders and revenues during the second quarter of this year. The Iceland based business said it has enjoyed extremely favourable market conditions and, as a result, the order book increased to 291 million euros, compared to 272.7 million euros…

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Technology ‘pushing processing to new heights’

CONSUMER demand is driving seafood product quality and diversity to new heights, Marel, the international food processing equipment company, will tell the North Atlantic Seafood Forum in Bergen next week. Marel executives will be speaking at the forum’s aquaculture and salmon seminar on Tuesday to address how technological advances are rapidly elevating levels of automation in the…

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King Salmon chief hails ‘unique’ product

GRANT Rosewarne, CEO and managing director of New Zealand King Salmon, spoke of the uniqueness of his product when he addressed Marel\’s Salmon ShowHow in Copenhagen last week. He was one of the two main speakers at the event, the other being Trond Davidsen, president of the International Salmon Farmers Association. More than 130 representatives from…

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China’s new line in automatic processing

MAREL has announced the successful installation of China\’s first automatic processing line for salmon, with the operation carried out at the Hi-Chain Foods’ salmon processing facility near Shanghai. The plant is equipped to produce up to 30 tonnes of salmon products per day and includes filleting, trimming, pinbone removal, skinning, portioning and slicing equipment. Shanghai Hi-Chain Foods also…

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Processor lines up salmon experts

THE food processor Marel has invited two leading international salmon figures to speak at its 17th Salmon ShowHow processing conference in Copenhagen next month. Trond Davidsen, president of the International Salmon Farmers Association (IFSA) and Grant Rosewarne, CEO and managing director of New Zealand King Salmon, will address the meeting, to be held on February 7. Davidsen…

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