Icelandic equipment manufacturer Marel Fish acquired a 40 percent stake in Norwegian salmon processing equipment supplier Stranda Prolog, in line with its objective of becoming a full-line supplier of food processing solutions and software across the different protein sectors.
Through the transaction, Marel purchased existing shares in Stranda Prolog and injected new equity to support growth opportunities.
With the combined portfolios, the two companies will be in better shape to strengthen their customer reach within the salmon market, collaborate on sales and lift research and development.
