JBT Marel Corp Stock Price, News & Analysis

JBT Marel (NYSE:JBTM) will make its first joint appearance at Pack Expo Las Vegas following their early 2025 merger, showcasing new innovations at booth #N8612 from September 29 to October 1. The highlight is the launch of the CIPure™ Cleaning System, a digitally controlled sanitation solution designed with sustainability features.

The company will demonstrate multiple technologies including the Fresh'n Squeeze Multi Fruit Juicer with 50% higher juice yield, the Proseal GT1e Tray Sealer capable of 60 Vacuum/Gas packs per minute, and various protein and produce processing solutions. The exhibition will feature a VR immersive room experience and a live chef demonstration on September 30.

JBT Marel Corporation (NYSE: JBTM) has successfully closed its private offering of $575 million in convertible senior notes due 2030, which includes a $75 million additional issuance from the initial purchasers' option exercise. The notes carry a 0.375% coupon rate, offering significant interest expense savings compared to traditional high-yield notes.

The company will use the proceeds to execute convertible note hedge and warrant transactions and reduce revolving credit facility borrowings. JBT Marel plans to refinance its 0.25% convertible senior notes due 2026 using its revolving credit facility or cash reserves. The convertible note hedge and warrant structure effectively prevents shareholder dilution until JBTM's share price reaches $283.42.

JBT Marel Corporation (NYSE: JBTM) has priced a private offering of $500 million convertible senior notes due 2030 with a 0.375% interest rate. The initial purchasers have an option to buy an additional $75 million in notes. The initial conversion rate is 5.3258 shares per $1,000 principal amount, equivalent to a conversion price of $187.77 per share, representing a 32.5% premium over the current stock price.

The company will use the proceeds to fund convertible note hedge and warrant transactions, and to repay revolving credit facility borrowings. The company has also entered into hedge transactions with a warrant strike price of $283.42 per share, a 100% premium over the current stock price, to minimize potential dilution.

[ "Secured $500 million in financing through convertible notes with low 0.375% interest rate", "32.5% conversion premium provides protection against immediate dilution", "Convertible note hedge transactions help reduce potential future dilution", "Proceeds will help refinance existing debt and improve capital structure" ]

JBT Marel Corporation (NYSE:JBTM) announced plans to offer $500 million in convertible senior notes due 2030, with an additional $75 million option for initial purchasers. The notes will be senior unsecured obligations maturing on September 15, 2030. The company will use proceeds to fund convertible note hedge and warrant transactions, repay revolving credit facility borrowings, and refinance its 2026 convertible notes.

To mitigate dilution, JBT Marel will enter into convertible note hedge transactions and concurrent warrant transactions. The company will satisfy conversions through a combination of cash and common stock. The notes will be redeemable at the company's option after September 20, 2028, and are being offered exclusively to qualified institutional buyers under Rule 144A.

JBT Marel Corporation (NYSE:JBTM) has declared a quarterly cash dividend of $0.10 per share of common stock. The dividend will be paid on September 2, 2025, to stockholders of record as of August 18, 2025.

JBT Marel is a global technology solutions provider focusing on the food & beverage industry, combining JBT and Marel's strengths to offer comprehensive solutions across food processing, manufacturing, and servicing. The company operates in over 30 countries, specializing in technologies that optimize food yield, efficiency, safety, and quality while reducing waste throughout the global food supply chain.

JBT Marel Corporation (NYSE:JBTM) reported strong Q2 2025 financial results, exceeding guidance. The company achieved revenue of $935 million, with recurring revenue surpassing expectations by $25 million. Orders totaled $938 million with a quarter-ending backlog of $1.4 billion.

Key financial metrics include net income of $3 million (0.4% margin), adjusted EBITDA of $156 million (16.7% margin), and adjusted EPS of $1.49. The company successfully reduced leverage to below 3.4x net debt to trailing twelve months pro forma adjusted EBITDA.

JBT Marel re-established its full year 2025 guidance, projecting revenue of $3,675-$3,725 million and adjusted EBITDA margin of 15.25-16.0%. The company remains on track to deliver synergy savings of $35-$40 million in 2025.

JBT Marel Corporation (NYSE:JBTM) has scheduled its second quarter 2025 earnings release for Monday, August 4, 2025, after market close. The company will host an earnings conference call on Tuesday, August 5, 2025, at 10:00 AM ET / 14:00 GMT.

JBT Marel is a global technology solutions provider for the food & beverage industry, formed through the merger of JBT and Marel. The company specializes in designing, manufacturing, and servicing advanced technology, systems, and software for food and beverage end markets, with operations in over 30 countries.

JBT Marel Corporation (NYSE and Nasdaq Iceland: JBTM) has appointed James 'Jim' Pelletier as Executive Vice President and General Counsel, effective June 30, 2025. Pelletier brings over 20 years of legal and business leadership experience, having held senior legal positions at companies including Masonite International, Kymera, Barnes Group, GE, and Pratt & Whitney. His expertise encompasses mergers and acquisitions, corporate governance, litigation, intellectual property, risk management, regulatory compliance, and shareholder activism defense. In his new role, Pelletier will lead JBT Marel's Legal and Compliance functions while serving as a strategic advisor to the executive team and Board of Directors. The appointment aligns with the company's strategy to strengthen its legal and governance foundations as it continues global growth and integration.

JBT Marel Corporation (NYSE, Nasdaq Iceland: JBTM) has declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The dividend will be payable on June 10, 2025, to stockholders of record as of May 27, 2025.

JBT Marel is a global technology solutions provider focusing on the food & beverage industry. The company specializes in designing, manufacturing, and servicing advanced technology, systems, and software for various food and beverage end markets. Their solutions aim to optimize food yield, enhance efficiency, improve food safety, and reduce waste across the global food supply chain.