Danish food processing company Scanvaegt International, which became part of Iceland-based Marel Food Systems last fall, received King Frederik IX’s Award for Excellence in Export on Monday.
Prince Henrik of Denmark presented the award to Scanvaegt’s CEOs, Lárus Ásgeirsson and Eric Steffensen (pictured), in a royal ceremony at Fredensborg Castle. Scanvaegt’s results abroad – 90 percent of the company’s operations are now in foreign markets – were praised by Prince Henrik.
“This is a great honor and recognition for the good work that Scanvaegt has done in the global market in the last few years and will be an inspiration for further growth,” said Lárus Ásgeirsson, CEO of Scanvaegt. “At the same time this shows that Scanvaegt was a good acquisition for Marel Food Systems.”
Ásgeirsson and Steffensen outside Fredensborg Castle after the ceremony.
“This award is also an interesting example of globalization and the expansion of Icelandic businesses worldwide. It is not every day that a subsidiary of an Icelandic company receives a royal award in Denmark for excellence in export,” Lárus added.
