Icelandic Kelp
Founded from a thesis and now the holder of Iceland's only licence to harvest wild kelp, up to 40,000 tonnes a year, processed with geothermal energy on the north coast.
40,000 t/yr
Exclusive harvesting licence 
Case studies
Selected work across the blue economy.
Three decades of operating and investing across seafood, aquaculture, marine infrastructure and regulated finance in Iceland. A selection of the companies behind that record.
Ocean Tech
A small marine contractor rebuilt into one of Iceland's largest diversified ocean engineering fleets, now extending into seaweed farming and ocean biotechnology.
€11m
Revenue, from under €1m 
North Salmon
A flagship onshore Atlantic salmon platform in Eyjafjörður, developed with one of Iceland's most experienced operators toward a 30,000 tonne facility.
30,000 t
Planned onshore facility Jökull hf
Wild capture seafood · 1994 to 2000 Jökull hf
A small municipal fishing company grown fivefold and taken public in 1996 as the first Icelandic seafood company listed on the stock exchange, later part of Samherji.
7,500 t
Quota, from 1,500 t West Salmon
Marine salmon farming · 2021 West Salmon
Two of the Westfjords' oldest farming licences consolidated into a single salmon platform and scaled from 200 to 2,500 tonnes of biomass, with room to grow well beyond.
2,500 t
Biomass, from 200 t Icelandic Securities
Asset management · 2019 to 2024 Icelandic Securities
An independent advisory firm merged and built into one of Iceland's largest asset managers, close to €1 billion under management across more than 20 regulated funds.
€1bn
Assets under management