Eyrir Invest

What Eyrir Invest does

Eyrir Invest is an Iceland-based private investment company founded in 2000 and headquartered in Reykjavík. The firm focuses its investment activity on the aquaculture and fisheries sectors—collectively referred to as the "blue economy"—and provides growth capital, financial restructuring, and strategic guidance to companies operating in this vertical. Eyrir operates with a small team of 1-10 employees and has established a presence across Iceland and the Netherlands primarily through its portfolio holdings.

The company's core business model centers on deploying equity capital into seafood and aquaculture value-chain companies, with returns derived from equity appreciation, capital gains, and investment income. Eyrir's investment approach is differentiated by its willingness to engage in complex restructurings, including debt-to-equity conversions and structural recapitalizations, making it a specialized counterparty for capital-intensive or distressed aquaculture situations.

In May 2026, Eyrir led a €21 million financing round for The Kingfish Company, contributing €15 million to acquire a 31.4% controlling stake and becoming the company's largest shareholder. The transaction incorporated a ~€49 million debt-to-equity conversion, €11 million in secured bonds at 7.5% annual interest (arranged by Signet Bank), and €6 million from existing shareholders (diluted by 40%+). This single transaction illustrates Eyrir's concentrated, deal-driven investment style and its preference for significant equity positions in restructuring scenarios.

Name

Eyrir Invest

Legal name

Eyrir Invest

Website

https://eyrir.is

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Reykjavík-based private investment firm that deploys growth capital and provides restructuring expertise to aquaculture and fisheries ("blue economy") companies, with operations in Iceland and the Netherlands.

Ownership category

akta.pro rank

Product category

Private Equity / Investment Management

NAICS

All Other Financial Investment Activities (52399)

SIC

Investors, Nec (6799)

akta.pro primary industry

Finfish Farming (e.g., salmon, tilapia, catfish) (AFAEAAAA)

Keywords

• Private equity investments
• Aquaculture investments
• Blue economy ventures
• Growth capital financing
• Fisheries sector investments

Headquarters

HQ city

Reykjavík

HQ country

Iceland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Investment Returns and Capital Gains: Eyrir Invest generates returns through equity investments in aquaculture companies, acquiring majority stakes and providing capital to portfolio companies in exchange for ownership positions.

Core offering

Eyrir Invest is an Iceland-based private investment company that focuses on aquaculture and blue farming investments. The firm provides growth capital, financial restructuring expertise, and strategic guidance to portfolio companies in the seafood and land-based aquaculture sectors, primarily through majority equity acquisitions and debt-to-equity conversions, with its largest position being a 31.4% majority stake in The Kingfish Company, a Dutch yellowtail aquaculture firm.

Product overview

Eyrir Invest is an Iceland-based investment company that focuses on aquaculture and fisheries investments. The company provides growth capital and strategic support to portfolio companies in the seafood industry, including its majority stake in The Kingfish Company, a Netherlands-based land-based aquaculture company using recirculating aquaculture system (RAS) technology to farm yellowtail kingfish.

Differentiator

Problem solved

Functional benefit

Products and services

• Growth Capital and Restructuring Investments

Quantifiable outcome

• Successfully acquired majority stake in The Kingfish Company through distressed recapitalization

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• SalMar: One of the world's largest salmon farming companies with significant offshore and emerging RAS exposure. Comparable broad incumbent in the Nordic aquaculture ecosystem where Eyrir invests.
• Bakkafrost: Faroese salmon and aquaculture incumbent with vertically integrated operations. Comparable broad incumbent for sector dynamics, end-market pricing, and capital-allocation benchmarking relevant to Eyrir.
• Mowi: World's largest Atlantic salmon producer and a Norwegian seafood incumbent. Provides reference valuation, capital intensity, and end-market dynamics for the broader aquaculture sector that Eyrir's thesis is exposed to.

Emerging players

• Atlantic Sapphire: Land-based RAS salmon producer with operational and commercial profile closely comparable to The Kingfish Company; useful peer for assessing the RAS sub-sector's commercial trajectory that underpins Eyrir's investment.
• Salmon Evolution: Norwegian land-based salmon RAS operator at commercial scale. Comparable to The Kingfish Company in technology and stage, providing a useful reference point for Eyrir's portfolio valuation.
• Andfjord Salmon: Norwegian land-based Atlantic salmon producer using flow-through technology. Comparable emerging land-based aquaculture operator that Eyrir could conceivably back or compete against for similar investor capital.
• Pure Salmon: Global land-based salmon RAS platform with multiple sites planned. Comparable emerging RAS platform that competes for the same investor pool and validates the land-based aquaculture thesis Eyrir is betting on.

Direct peers

• Aqua-Spark: Netherlands-based aquaculture-focused impact investment fund that builds a portfolio of sustainable aquaculture companies globally. Direct peer to Eyrir's blue-economy thematic investing mandate, with comparable deal sizes and target portfolio companies.
• Kverva: Norwegian family-owned investment company with deep exposure to aquaculture (notably SalMar and Norwegian Seafood entities). Closely comparable to Eyrir as a Nordic-domiciled, sector-specialist private investment vehicle focused on seafood and blue economy.
• The Kingfish Company: Netherlands-based land-based yellowtail kingfish producer using RAS technology, and Eyrir's majority-owned portfolio company. Comparable as the operating asset whose performance drives Eyrir's investment thesis.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eyrir Invest