Marel completed the acquisition of Wenger for $540m.

Marel, a multi-national food processing company, completed the acquisition of Wenger Manufacturing, a provider of processing solutions focused on pet food, plant-based proteins, and aqua feed, for $540m. "We are thrilled to join forces with the great team in Wenger with whom we have a strong strategic and cultural fit. Wenger’s passion for innovation and commitment to high-quality solutions, in addition to their excellent customer focus and talent management, are the key attributes Marel is proud to partner with. Wenger is a true leader in its field of providing solutions and services to the pet food industry and aqua feed industries, and has in recent years made its mark on the fast-growing plant-based protein consumer market with best-in-class solutions positioned right in the center point of the value chain," Arni Oddur Thordarson, Marel CEO.