Jbt Marel's Business Segments

JBT Marel Corporation, formerly John Bean Technologies Corporation, is a global technology solutions and service provider serving high-value segments of the food and beverage industry. The company designs, manufactures, and services products and systems for multinational and regional customers. Incorporated in Delaware in May 1994, JBT Marel has principal executive offices in Chicago, Illinois, and European headquarters in Gardabaer, Iceland. On January 2, 2025, JBT completed the acquisition of Marel hf., renamed JBT Marel ehf., combining their product portfolios and technologies. Following the acquisition, the company changed its name to JBT Marel Corporation and its stock ticker symbol to JBTM, with shares listed on the New York Stock Exchange and Nasdaq Iceland. The company initially operated through two segments, JBT and Marel, representing the legacy businesses, and later realigned its reportable segments to reflect the integration of operations.

Following the acquisition of Marel, the company operated through two legacy segments: JBT and Marel. In the fourth quarter of 2025, the reportable segments were realigned into two segments: Protein Solutions and Prepared Food and Beverage Solutions. The Protein Solutions segment includes businesses that provide solutions for the initial stage processing and harvesting of animal proteins, focusing on poultry, pork, fish, and beef. Core technologies in this segment include primary processing systems, cut-up, bone detection and removal, portioning, and robotic batching. The Prepared Food and Beverage Solutions segment comprises businesses offering solutions for downstream value-added preparation, preservation, and packaging of foods and beverages into ready-to-eat or drink products. This segment serves end markets such as pet food, dairy, bakery, pharmaceutical, nutraceutical, and warehouse automation. Core technologies include meat preparation, forming, cutting, slicing, cooking, freezing, extraction, blending, filling, preservation, labeling, packaging, and automated guided vehicles. The company provides comprehensive solutions throughout the food production value chain, from primary processing through labeling and packaging systems, for a wide variety of food and beverage end markets including poultry, beef, pork, seafood, ready-to-eat meals, fruits, vegetables, plant-based meat alternatives, dairy, bakery, pet foods, soups, sauces, juices, aqua feed, nutraceutical, and powder applications. It also offers robotic automated guided vehicle systems for material handling across various industries. Equipment offerings cover primary, secondary, and further value-added processing, including standalone and full-line solutions, software, and services for numerous processes such as live animal handling, stunning, slaughtering, scalding/dehairing, chilling, mixing/grinding, separation, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end-of-line material handling, labeling, and packaging. The company maintains a large installed base that generates recurring revenue from aftermarket parts, service offerings, and rebuild services. It also offers full-service operating leases.