Processing

Marel takes $7 million hit from Norway's Stranda Prolog bankruptcy

Marel -- a principal shareholder in the Norwegian salmon processing equipment provider -- said it was looking into the possible options available for the company.

When Marel acquired the 40 percent stake, Stranda Prolog had 100 employees, €25 million ($24.8 million) in annual revenue and was positioned for continued growth.
When Marel acquired the 40 percent stake, Stranda Prolog had 100 employees, €25 million ($24.8 million) in annual revenue and was positioned for continued growth.Photo: Nina Unlay
Published 7 September 2022, 09:00Updated 7 September 2022, 13:03
MarelIcelandNorwayEquipmentBankruptcies