Marel completed the acquisition of a 50% stake in Curio.

Mare, a provider of advanced food processing equipment, systems and software, completed the acquisition of a 50% stake in Curio, a provider of equipment for whitefish primary processing, specializing in innovative heading, filleting and skinning solutions. Financial terms were not disclosed. The transaction is conducted in two phases; 40% at closing and the additional 10% on 1 January 2021. "The acquisition is excellent news for our customers across the world as the synergies resulting from joining forces will fuel innovation and grow our solution offering. I truly look forward to working closer together and expect great things from our joint innovation efforts," Ellidi Hreinsson, Curio CEO.