JBT Marel Corporation (JBTM)
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
NYSEIndustrialsIndustrial - MachinerySnapshot 2026-09-04
QuarterlyIQ Insights · JBTM
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Results of Operations and Financial Condition. On August 3, 2026 , JBT Marel Corporation (the "Company") issued a press release announcing financial results for its second quarter ended June 30, 2026. The press release is attached hereto as Exhibit 99.1. The information, including Exhibit 99.1, furnished in this report is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Registration state…
Other Events. JBT Marel Corporation (the “Company”) previously disclosed on a Form 8-K filed on May 14, 2026, that the Board of Directors of the Company authorized a share repurchase program for up to $200 million of the Company’s common stock. This Form 8-K/A amends the original Form 8-K filed on May 14, 2026, to change the effective date of the share repurchase program from June 1, 2026, to May 18, 2026. Except as provided herein, the disclosures in the Form 8-K filed on May 14, 2026, remai…
Other Events. On May 14, 2026 , the Board of Directors of JBT Marel Corporation (the “Company”) authorized a share repurchase program for up to $200 million of the Company’s common stock, effective from June 1, 2026, through May 31, 2029. The manner, timing, price and volume of repurchases will be determined by the Company at its discretion, subject to market conditions, relevant securities laws and other factors. All common stock repurchased by the Company will become treasury stock. The sha…
Results of Operations and Financial Condition. On May 4, 2026 , JBT Marel Corporation (the "Company") issued a press release announcing financial results for its first quarter ended March 31, 2026. The press release is attached hereto as Exhibit 99.1. The information, including Exhibit 99.1, furnished in this report is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Registration statemen…
Results of Operations and Financial Condition. On February 23, 2026, JBT Marel Corporation (the "Company") issued a press release announcing financial results for its fourth quarter and fiscal year ended December 31, 2025. The press release is attached hereto as Exhibit 99.1. The information, including Exhibit 99.1, furnished in this report is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that secti…
Regulation FD Disclosure. On February 18, 2026, JBT Marel Corporation ("JBT Marel" or the "Company") announced that its previously disclosed plan to realign its reportable segments went into effect for the fourth quarter of 2025. Following the January 2, 2025 acquisition of Marel hf. and prior to the segment realignment , the Company operated through two segments, JBT and Marel, which were comprised of the legacy operations of the Company and Marel hf., respectively. Effective during the four…
Results of Operations and Financial Condition. On November 3, 2025 , JBT Marel Corporation (the "Company") issued a press release announcing financial results for its third quarter ended September 30, 2025. The press release is attached hereto as Exhibit 99.1. The information, including Exhibit 99.1, furnished in this report is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Registration…
Vice President, Corporate Controller and Chief Accounting Officer — Jessi L. Corcoran: Ms. Corcoran resigned to accept a role with another company.
Other Events On September 4, 2025, the Company issued a press release announcing the pricing of the Offering. A copy of the press release is attached hereto as Exhibit 99.1 Cautionary Note Regarding Forward-Looking Statements This Current Report contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company’s abil…
Entry into a Material Definitive Agreement. Indenture and Notes On September 9, 2025, JBT Marel Corporation (the “Company”) closed its previously announced private offering (the “Offering”) of $575.0 million aggregate principal amount of the Company’s 0.375% Convertible Senior Notes due 2030 (the “Notes”), which includes $75.0 million aggregate principal amount of Notes issued in connection with the initial purchasers’ full exercise of their option to acquire additional Notes, pursuant to an…
The Company sold the Notes to the initial purchasers in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and for resale by the initial purchasers to persons reasonably believed to be qualified institutional buyers pursuant to the exemption from registration provided by Rule 144A under the Securities Act. The Notes and the common stock issuable upon the exchange of the Notes, if any, will not be registered…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Entry into a Material Definitive Agreement. On September 3, 2025, JBT Marel Corporation, a Delaware corporation (the “Company”), entered into the Second Amendment to Second Amended and Restated Credit Agreement (the “Second Amendment”) in order to reduce the pricing applicable to the Revolving Credit Facility and the Revolving Loans under and as defined in the Company’s Second Amended and Restated Credit Agreement, dated January 2, 2025 (as amended, the “Credit Agreement”). The Second Amendme…
Other Events. Convertible Notes Offering On September 3, 2025, the Company issued a press release announcing its intention to offer (the “Offering”) $500 million aggregate principal amount of convertible senior notes due 2030 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company also expects to grant the initial purchasers of the Notes an op…
Entry into a Material Definitive Agreement. On August 20, 2025, JBT Marel Corporation, a Delaware corporation (the “Company”), entered into the First Amendment to Second Amended and Restated Credit Agreement (the “Amendment”), in order to reduce the pricing applicable to the Term B Loans (the “Initial Term Loans”) outstanding under the Company’s Second Amended and Restated Credit Agreement dated January 2, 2025. The Amendment reduces the pricing applicable to the Initial Term Loans by (i) rem…
Results of Operations and Financial Condition. On August 4, 2025, JBT Marel Corporation (the "Company") issued a press release announcing financial results for its second quarter ended June 30, 2025. The press release is attached hereto as Exhibit 99.1. The information, including Exhibit 99.1, furnished in this report is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Registration statem…
Results of Operations and Financial Condition. On May 5, 2025, JBT Marel Corporation (the "Company") issued a press release announcing financial results for its first quarter ended March 31, 2025. The press release is attached hereto as Exhibit 99.1. The information, including Exhibit 99.1, furnished in this report is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Registration statement…
Chief Legal Officer — James L. Marvin: The announcement is a planned retirement of a senior officer (CLO) with a search for a successor already underway, indicating an orderly succession rather than a sudden loss.
Results of Operations and Financial Condition. On February 24, 2025, JBT Marel Corporation (the "Company") issued a press release announcing financial results for its fourth quarter and fiscal year ended December 31, 2024. The press release is attached hereto as Exhibit 99.1. The information, including Exhibit 99.1, furnished in this report is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that secti…
Other Events. On February 4, 2025, JBT Marel Corporation (f/k/a John Bean Technologies Corporation), a Delaware corporation (the “Company” or “JBT Marel”), completed its previously announced compulsory acquisition of all issued and outstanding shares (other than treasury shares) (“Marel Shares”) of Marel hf., a public limited liability company incorporated under the laws of Iceland (“Marel”), not then owned by John Bean Technologies Europe B.V., a private limited liability company ( besloten…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On the Closing Date, JBT Marel entered into the Credit Agreement as described in
Termination of a Material Definitive Agreement. In connection with the Transaction, on April 4, 2024, JBT Marel entered into a 364-day credit agreement (the “Bridge Credit Agreement”) among JBT Marel, the lenders party thereto and Goldman Sachs Bank USA, as administrative agent, Wells Fargo Bank, National Association, as syndication agent, and Goldman Sachs Bank USA and Wells Fargo Securities, LLC as joint bookrunners and lead arrangers. Under the Bridge Credit Agreement, the lenders party th…
Entry into a Material Definitive Agreement. In connection with the Transaction, on the Closing Date, each of the Company and the Bidder (collectively, the “Borrowers”) entered into the Second Amended and Restated Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, and the other lenders party thereto. The Credit Agreement provides for a $1.8 billion revolving credit facility, which matures on January 2, 2030, and a $90…
President — Arni Sigurdsson: The filing discloses the appointment of Arni Sigurdsson as President, an external hire from Marel, alongside board changes associated with a transaction closing.
Completion of Acquisition or Disposition of Assets. As described above in the Introductory Note, on the Closing Date, JBT Marel completed the Offer. 3 The Offer period expired on December 20, 2024 at 12:00 PM GMT. On December 20, 2024, the Company announced that, based on the final result of the Offer, the Company achieved acceptance of the Offer by Marel shareholders representing approximately 97.5 percent of Marel Shares. The Offer was then subsequently settled and the consideration describ…
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