Previous View Larger Image Valka acquisition successfully closed Marel’s acquisition of Valka ehf., an Icelandic provider of advanced processing solutions for the global fish industry, has now been successfully closed. Together, Marel and Valka will be in a stronger position to transform the fish processing industry in partnership with customers. The transaction was subject to customary closing conditions, including anti-trust approval, that have been fully satisfied as of November 19th 2021. With the acquisition of Valka, Marel will strengthen its full-line offering to the fish processing industry and increase scale to serve customer needs better. The shared technical knowhow in the combined team will accelerate the innovation roadmap allowing processors to adapt swiftly to a rapidly changing market. There is high potential for Marel to build on Valka’s products and technology in other protein industries. Together the companies will be in a key position to reach customers worldwide by leveraging Marel’s global sales and service network in over 30 countries, ensuring proximity to customers for sales, installation and aftermarket services. For further information on the Valka transaction, Marel’s business model and 2017-2026 growth strategy, please visit marel.com/IR For further information, please contact: Marel Media Relations Globalcommunications@marel.com tel +354 563 8200 Marel Investor Relations IR@marel.com tel. + 354 563 8001. About Marel Marel (NASDAQ: MAREL; AEX: MAREL) is a leading global provider of advanced food processing equipment, systems, software and services to the poultry, meat and fish industries. Our united team of more than 7000 employees in over 30 countries delivered EUR 1.2 billion in revenues in 2020. Annually, Marel invests around 6% of revenues in innovation. By continuously transforming food processing, we enable our customers to increase yield and throughput, ensure food safety and improve sustainability in food production. Marel was listed on NASDAQ Iceland in 1992 and dual-listed on Euronext Amsterdam in June 2019. For further information, please visit marel.com November, 2021 Share This Story, Choose Your Platform! LinkedIn Email Related Posts VALKA HEAD OFFICE Vesturvör 29 200 Kópavogur Iceland Tel: +354-430-0600 sales@valka.is THE COMPANY Media Contact News The Valka Team Jobs at Valka PRODUCTS Whitefish Systems Salmon Systems On-Board Solutions Software Solutions SOCIAL MEDIA SUBSCRIBE TO OUR NEWSLETTER Click to Subscribe Copyright © 2020 Valka ehf. | All Rights Reserved