US firm completes takeover of Marel

Shares of the newly combined company, JBT Marel Corporation, are now trading on both the New York Stock Exchange and Nasdaq Iceland.

JBT first made an offer for Marel in November 2023. — JBT first made an offer for Marel in November 2023.Photo: Marel

Dominic Welling

Correspondent

Published 8 January 2025, 15:59Updated 8 January 2025, 17:00

Marel John Bean Technologies Corporation (JBT)United States Iceland Mergers & Acquisitions