What Olgerdin does

Olgerdin is an Icelandic brewery and beverage company founded in 1913 and headquartered in Reykjavík. It operates as a publicly listed entity on the Icelandic stock exchange, with a mature investor relations infrastructure that includes shareholder information, stock exchange news, shareholder meetings, and bond and bill issuance. The company employs 251-500 people and its geographic reach is limited to Iceland.

The company's operations center on beverage production and distribution, with established partnership relationships extending to international brands — most notably Pepsi, for which a dedicated brand manager has been appointed in Iceland. Sustainability is treated as a strategic function with annual reporting (the 2025 sustainability report, Bera_Sjalfbaerniskyrsla_2025.pdf) and a formal "Bera" sub-brand or program that received a framurskarandi (outstanding) rating under the UFS assessment. A separate "Eilif orka" (eternal energy) news item points to additional operational sustainability initiatives.

The business model is implicitly a hybrid of B2B (licensed bottling and distribution partnerships) and B2C (proprietary Icelandic brands), generating revenue through beverage manufacturing and distribution under both owned and licensed trademarks within the domestic market. The company is governed through standard public-market disclosures including corporate governance codes (stjorn-og-stjornarhaettir), codes of conduct (starfs-og-sidareglur), and policies (stefnur), signaling a formal corporate control environment appropriate to a listed issuer.

Name

Olgerdin

Legal name

Olgerdin

Website

https://olgerdin.is

Company type

Public

Founded year

1913

Operating status

Operating

Headcount range

251–500 employees

Short description

Olgerdin is a publicly listed Icelandic brewery and beverage company founded in 1913, producing and distributing owned and licensed beverages — including Pepsi — to the Icelandic consumer market from its Reykjavík headquarters.

Ownership category

akta.pro rank

Product category

Brewery and Beverage Manufacturing

NAICS

Breweries (312120), Beverage Manufacturing (3121), Soft Drink Manufacturing (312111)

SIC

Malt Beverages (2082), Beverages (2080), Bottled & Canned Soft Drinks & Carbonated Waters (2086)

akta.pro primary industry

Regional & National Breweries (THAFALAD)

akta.pro secondary industries

Dairy-Based Beverage Production (Milk Drinks, Yogurt Drinks, Lassi) (AFAFABAJ), Alcoholic Beverage Tours & On-site Experiences (Brewery/Winery/Distillery) (THAFALAK)

Keywords

• Beer brewing
• Beverage manufacturing
• Soft drinks distribution
• Alcoholic beverages
• Bottled drinks

Headquarters

HQ city

Reykjavík

HQ country

Iceland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Core offering

Olgerdin is a brewery and beverage company headquartered in Reykjavík, Iceland, operating since 1913. It produces and distributes alcoholic and non-alcoholic beverages domestically and acts as an Icelandic partner for international brands including Pepsi. The company is publicly listed, with active investor relations, sustainability reporting, and shareholder communications.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Royal Unibrew: Nordic multi-beverage company producing beer, soft drinks, and energy drinks across Northern Europe. Highly comparable business model — combining brewing with licensed/bottled soft drinks — and a relevant benchmark for a regional brewer-distributor like Olgerdin.
• Borg Brugghús: Icelandic craft brewery based in Reykjavík. Direct competitor to Olgerdin in the Icelandic beer market, competing for the same on-premise and retail customers with a craft/premium positioning.

Emerging players

• Víking Öl: Smaller Icelandic brewery competing in the same domestic market as Olgerdin. Direct overlap in target customers and channels, though at a much smaller scale.

Broad incumbents

• Anheuser-Busch InBev: World's largest brewer, with global brands (Budweiser, Stella Artois, Corona) and a strong presence in European markets. Operates in the same product category as Olgerdin but at a vastly different scale and breadth.
• Heineken: One of the world's largest brewers, with significant presence across European and global markets. Overlaps with Olgerdin's brewing business but operates at vastly larger scale and broader geographic scope.
• Carlsberg Group: Global brewing multinational with historical Nordic roots and broad market presence. Comparable as a large-scale brewer competing in the same product category, but operating a much wider portfolio across many geographies.

Regional players

• Macks Ølbryggeri: Northern Norwegian regional brewery with a similar heritage-style positioning in a Nordic market. Comparable in size and Nordic regional focus, but serves a different (Norwegian) geography from Olgerdin's Icelandic base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 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

Investments

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

Frequently asked questions about Olgerdin