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IPO Marel
07/06/2019
Marel lists on Euronext Amsterdam and issues new shares
Marel, a leading global provider of advanced processing systems, software and services for the poultry, meat and fish processing industry, today began trading on Euronext Amsterdam, adding to its existing listing in Iceland.
Founded in 1983, Marel had €1.2 billion in revenues in 2018 and more than 6,000 employees in over 30 countries on six continents. Marel is the largest company in Iceland by market value.
The listing on Euronext Amsterdam, in addition to its listing on Nasdaq Iceland, sees Marel enter the next phase of its growth. The Amsterdam listing strengthens Marel’s capital structure and provides a global currency for acquisitions in support of its growth strategy, while expanding its shareholder base and enabling Marel to access international capital markets.