Ice Fresh Seafood Ehf.

What Ice Fresh Seafood Ehf. does

Ice Fresh Seafood Ehf. is an Icelandic private limited company headquartered at Glerárgötu 30, Akureyri, Iceland, operating as a wholly-owned subsidiary of Samherji, one of Iceland's major vertically integrated seafood groups. The company supplies premium seafood proteins — wild-caught whitefish (Icelandic Cod, Saithe, Haddock), pelagic species (Herring, Capelin, Mackerel), landbased-farmed Arctic Charr and Salmon, and secondary products such as Greenland Halibut, Redfish, dried fish, and prawns — to B2B buyers globally. Production is anchored by two waterfront whitefish factories in Iceland where vessels discharge daily and fish is cut and portioned within approximately 10 hours of arrival, plus a 7,000-square-meter UK processing facility in Grimsby (Ice Fresh Grimsby) that handles cold smoking, block cutting, bandsawing, and cold storage with 1,700 pallet spaces and 2,000 tons of annual output.

The business model is direct B2B seafood supply with no publicly disclosed pricing, reflecting transaction-based wholesale relationships with enterprise buyers. Ice Fresh sources raw material from Samherji's modern fleet in Iceland and abroad, achieving vertical integration from catch and feed through processing and distribution, and operates a zero-waste nose-to-tail utilization protocol that monetizes heads, bones, and skin. Landbased aquaculture is conducted using geothermal and hydroelectric energy, brackish borehole water filtered through Icelandic lava, with controlled temperature, salinity, and oxygen — a setup earning Monterey Bay Aquarium "Best Choice" status. The company holds MSC, IRF (Icelandic Responsible Fisheries), BRC (AA Grade), GFSI, BAP, and ASC certifications across its Icelandic and UK operations, supporting full catch-to-plate traceability.

Revenue, headcount, and growth metrics are not disclosed in the source material; only Grimsby-specific data points are available (50 staff, 2,000 tons annual production). Marketing presence is minimal — a corporate website, downloadable brochure, and YouTube channel — consistent with a relationship-driven B2B sales motion rather than consumer-facing demand generation. The combined signal set points to a mid-sized, asset-heavy seafood processor operating inside a larger parent group rather than an independent scaling enterprise.

Name

Ice Fresh Seafood Ehf.

Legal name

Ice Fresh Seafood Ehf.

Website

https://icefresh.is

Company type

Private

Operating status

Operating

Short description

Ice Fresh Seafood Ehf. is an Icelandic B2B seafood supplier and Samherji subsidiary, vertically integrating wild-caught Icelandic whitefish, pelagic species, and landbased-farmed Arctic Charr and Salmon through two Akureyri waterfront factories and a 7,000 sqm Grimsby UK processing facility serving global enterprise buyers.

Ownership category

akta.pro rank

Product category

Seafood Processing and Distribution

NAICS

Seafood Product Preparation and Packaging (31171), Aquaculture (11251), Fish and Seafood Merchant Wholesalers (42446)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro primary industry

Aquaculture Harvest, Processing & Packing (Farmed Finfish/Shellfish; On-Farm Plants) (AFANADAL)

Keywords

• Seafood processing
• Whitefish supply
• Pelagic fish
• Landbased aquaculture
• Vertically integrated seafood

Headquarters

HQ city

Akureyri

HQ country

Iceland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. Seafood Product Sales: B2B sales of premium seafood products including whitefish, pelagic species, landbased farmed fish, and other seafood products through direct relationships with buyers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Ice Fresh Seafood Ehf. is a vertically integrated seafood company that harvests, farms, processes, and distributes premium seafood products. The company offers wild-caught whitefish (Icelandic Cod, Saithe, Haddock), pelagic species (Herring, Capelin, Mackerel), and landbased farmed fish (Arctic Charr, Salmon), as well as other products including Greenland Halibut, Redfish, dried products, and prawns. Operations span from Samherji's fleet and Icelandic waterfront factories to the Ice Fresh Grimsby UK facility that handles processing, cold smoking, block cutting, bandsawing, and cold storage.

Product overview

Ice Fresh Seafood Ehf. is a vertically integrated seafood company operating from Iceland, offering wild-caught whitefish (Icelandic Cod, Saithe, Haddock), pelagic species (Herring, Capelin, Mackerel), and landbased farmed products (Arctic Charr, Salmon). The company controls the entire supply chain from fishing and farming through production and distribution, with facilities in Iceland and the UK (Ice Fresh Grimsby). Additional products include Greenland Halibut, Redfish, Dried Products, and Prawns.

Differentiator

Problem solved

Functional benefit

Products and services

• Whitefish (Icelandic Cod, Saithe, Haddock)

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• SamherjicoreStrategic or Co-development PartnerSamherji is the parent company that owns Ice Fresh Seafood. Ice Fresh sources seafood from Samherji's modern fleet both in Iceland and abroad. This vertical integration provides access to fishing vessels and global sourcing capabilities.

Scale indicators3 records

Expansion highlights4 records

Broad incumbents

• Mowi ASA: World's largest Atlantic salmon farmer with growing value-added processing operations. Comparable in landbased/salmon farming and value-added processing, though vastly larger and salmon-focused.
• Maruha Nichiro: Japan-based global seafood conglomerate with marine products, processed foods, and aquaculture operations. Comparable as a vertically integrated multi-species processor with B2B channels.
• Thai Union Group: Global seafood processor with branded (Chicken of the Sea, John West) and B2B operations across multiple species including whitefish. Comparable as a B2B seafood manufacturer serving global retail and foodservice.
• High Liner Foods: North American value-added frozen seafood processor and distributor serving retail and foodservice. Comparable in processing (portioning, breading, value-add) and B2B customer base, though much larger and brand-led.

Direct peers

• Samherji: Parent company of Ice Fresh Seafood and one of Iceland's largest vertically integrated seafood companies with a modern global fishing fleet, processing, and landbased farming. Directly comparable in product mix (whitefish, pelagic, farmed Arctic Charr/Salmon) and end markets.
• Brim hf. Icelandic vertically integrated seafood company with fishing fleet, processing plants, and value-added operations targeting similar whitefish and pelagic species. Closest domestic peer given shared Icelandic heritage, scale, and product portfolio.
• Clearwater Seafoods: Canadian shellfish and groundfish harvester/processor with vertically integrated fleet and processing. Comparable in species mix (cold-water whitefish, shellfish) and B2B foodservice channel.
• Ocean Choice International: Canadian vertically integrated seafood company harvesting and processing groundfish and shellfish for global markets. Comparable in species mix, processing model, and B2B/wholesale distribution strategy.

Regional players

• Scottish Sea Farms: Salmon farming and processing joint venture (SalMar and Lerøy) operating in Scotland. Comparable in cold-water salmon farming, value-added processing, and UK/EU market focus adjacent to Ice Fresh's Grimsby facility.
• Bakkafrost: Faroese vertically integrated salmon farmer and processor. Comparable in cold-water aquaculture, premium positioning, and sustainability certifications, though geographically concentrated in the Faroe Islands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCdIYmBMZlZlZlZl
• LinkedInlinkedin.com/company/ice-fresh-seafood

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 Ice Fresh Seafood Ehf.