Marel Growth Strategy and Wenger Acquisition slide image

Marel Growth Strategy and Wenger Acquisition

Platform into new attractive end markets Wenger will be a new growth pillar next to poultry, meat and fish, in line with how Marel gradually expands the playing field • Acquisition of Wenger is fully in line with Marel's vision and strategy, with two technical leaders joining forces to transform the way food is processed In 2020, Marel announced increased focus on adjacent markets and in 2021 formally established a business development division focused on pet food and plant-based proteins Wenger will become an independent business unit focused on pet food, plant-based proteins, and aqua feed Broadening the focus markets with an additional strong pillar will strengthen Marel's business model Unity Cmarel Innovation WENGER® Excellence marel In partnership with our customers, we are transforming the way food is processed. Our vision is of a world where quality food is produced sustainably and affordably. 11
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