Icelandic producer to rebrand in bid to create unified culture following merger

Editorial Staff

Icelandic salmon farming company Ice Fish Farm, which is listed on the new Icelandic First North market, has officially rebranded as Kaldvík.

The announcement was made during a market day event in Eskifjörður on Tuesday. The company, previously known as Fiskeldi Austfjarða, revealed its new name ahead of its anticipated listing on the Icelandic First North market. Kaldvík’s shares will be dual-listed in Iceland and Norway, supplementing its existing listing on the Euronext Growth Oslo market.

Jens Garðar Helgason, Deputy CEO of Kaldvík, noted that the merger between Ice Fish Farm and Laxa fish farming in 2022 brought together different corporate cultures. Over the past year, the company has worked on formulating a unified strategy with input from all staff.

Kaldvík is the sole fish farming company in the Austfjörður region, with operations in Fáskrúðsfjörður, Reyðarfjörður, and Berufjörður, along with licenses in Stöðvarfjörður and applications for sites in Seyðisfjörður and Mjóafjörður. The company also runs fry farms in Þorlákshöfn and Kópasker and a salmon slaughterhouse in Djúpavogur.

Kaldvík holds a license to produce over 43,800 tons of salmon, with an additional 10,000-ton license pending confirmation. The company aims to slaughter approximately 21,500 tons in 2024.


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