Marel attracts anchor bids from BlackRock, Credit Suisse

By Aidan Gregory
29 May 2019

Marel, the Icelandic meat processing machinery company, has secured cornerstone orders from BlackRock and Credit Suisse Asset Management for its €350m IPO on Euronext Amsterdam.

The two investors have committed at the launch of the bookbuild to subscribe for up to €102m between them, around 27% of the shares on offer, within the €3.40 to €3.90 price range. 

Neither have invested in the company before despite it being already listed in Iceland.

“Marel ...

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