# JBT Corporation x Marel hf: partnership

Canonical ID: `0329e1e5-06a2-4317-88ff-866f42d9f06c`

JBT Corporation completed a voluntary takeover of Marel hf, an Icelandic food processing technology company, for approximately €3.60 per share. The combined entity was rebranded JBT Marel Corporation and trades on both NYSE and Nasdaq Iceland.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [JBT Corporation](https://registry.deploy.report/companies/jbt-corporation.md) investor partner
- Marel hf _(off-registry)_ co developer

## Timeline

- **Announced:** 2024-01-19
- **Start:** 2025-01-07

## Sources (1)

1. https://www.petfoodindustry.com/news-newsletters/pet-food-news/news/15711436/jbt-finalizes-acquisition-of-marel


_API: GET /v1/partnerships/jbt-corporation-x-marel-hf · canonical URL: /partnerships/jbt-corporation-x-marel-hf_