KAPP and Loðnuvinnslan sign Letter of Intent for new pelagic processing plant!

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Sales director and deputy CEO of kapp concluding a partnership with LVF at Seafood expo Global in Barcelona

KAPP and Loðnuvinnslan have made a significant advancement in the field of pelagic processing by signing a Letter of Intent at the Seafood Expo Global in Barcelona.

This agreement establishes a framework for entering into final negotiations to develop a state-of-the-art pelagic processing facility in Fáskrúðsfjörður, Iceland.

KAPP, a prominent provider of equipment and software solutions for the seafood industry, will deliver an integrated solution that encompasses grading, filleting, and chilling, along with comprehensive system design and installation.

A Trusted Partnership Moving Forward
Loðnuvinnslan currently operates a fishmeal plant, a freezing facility, and herring salting operations. The company owns three vessels: Ljósafell, a fresh fish trawler; Hoffell, a pelagic vessel; and Sandfell, a longliner.

Both parties have indicated that the design of the new processing solution is well advanced, with only final adjustments remaining. They expect to finalize formal agreements by the end of the month.

"We are grateful for the trust that Garðar and the Loðnuvinnslan team have placed in us by moving forward with these negotiations. Our two companies have maintained a strong working relationship over the years, and we look forward to continuing this collaboration," said Ólafur Karl Sigurðarson, Deputy CEO of KAPP and Managing Director of KAPP Skaginn.

"It's exciting that this solution will utilize the full range of technologies we offer from both KAPP and KAPP Skaginn, showcasing the strength of our combined product portfolio."

Proven Track Record of Collaboration

Garðar Sigvaldason, Managing Director of Loðnuvinnslan, emphasized the value of the partnership:

"It's truly satisfying to be moving towards an agreement with KAPP and KAPP Skaginn for further development in Fáskrúðsfjörður. Over the years, KAPP's team has consistently proven to be reliable partners, demonstrating their capabilities and earning our trust. Today, our revitalized company is competitive in a demanding market, backed by a team where every individual plays a key role."

KAPP's team at the signing included Heimir Halldórsson, Ólafur Karl Sigurðarson, and Garðar Svavarsson, and Þorri Magnússon from Loðnuvinnslan.

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Iceland Fishing Expo 2025

The Iceland Fishing Expo 2025 will be held in Laugardalshöll from September 10th to 12th, 2025.

Over the past few years, the Icelandic fishing industry has experienced significant growth. Technological advancements have revolutionized fishing and processing, propelling the Icelandic fishing industry to the forefront.

We eagerly anticipate your presence at the Iceland Fishing Expo 2025 in Laugardalshöll.

KAPP will showcase its unique products at the event.

To be updated.

Website: https://icelandfishexpo.is/en/


Date:
August 12, 2025
Region:
Iceland
Industry

Pacific Marine Expo 2025

November 20-22, 2025 | Lumen Field Event Center | Seattle, WA

Learn how our combined expertise is delivering cutting-edge refrigeration and food processing solutions to the North American market. Together, we're setting new standards for efficiency and sustainability in the marine industry.

Booth: #639

Each year, thousands of commercial mariners from across the West Coast and Alaska gather in Seattle in search of the latest tech, gear, and education.

Expo features hundreds of exhibitors across diverse marine categories, a free three-day education program covering key industry topics, a dedicated Alaska Hall showcasing local products, and a variety of special events including happy hours, industry breakfasts, and networking dinners.

📍 Pacific Marine Expo

📅 November 20-22, 2025

📍 Lumen Field Event Center, Seattle, WA

Website: https://www.pacificmarineexpo.com/

Date:
July 26, 2025
Region:
Seattle, Wasthington, United State
Industry
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