Brim hf. is a seafood company in Iceland. The company focuses on sophisticated fishing and processing technology and continuous production development. Respect for the environment and the marine ecosystem is the basis for all activities at Brim
Iceland-based seafood company **Brim** acquires the assets of **Matorka**, a bankrupt Arctic char producer in Iceland. The acquisition follows disruptions caused by volcanic eruptions, which impacted operations. Brim now expands its seafood portfolio with Matorka’s assets.
Brim, an Icelandic seafood company, reports a nearly sixfold increase in Q2 profits due to elevated groundfish prices, which compensated for a reduced volume of catch. The company benefits from market conditions driving up prices for key species despite lower overall harvests.
An Icelandic fish oil producer incurs a $10 million financial loss ahead of its acquisition by Brim. The company faces operational or market challenges prior to the ownership change. Industry observers track such shifts as part of broader consolidation trends in seafood processing.
Brim acquires two Icelandic fisheries firms, **Fiskvinnslan Kambur hf.** and **Grábrók ehf.**, based in Hafnarfjörður. The companies each operate a single fishing vessel, securing a combined catch quota of **850 tons**, primarily of cod. The deal expands Brim’s presence in Iceland’s fishing sector.