January 7, 2026

KAPP Announces CEO Transition as Company Continues Global Growth

Global
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Freyr Friðriksson, Chairman of KAPP, and Ólafur Karl Sigurðarson, CEO of KAPP, pictured together.

Freyr Friðriksson Transitions to Chairman as Ólafur Karl Sigurðarson Assumes CEO Role at KAPP

Kópavogur, Iceland, January 6, 2025

KAPP ehf., a leading technology company serving the global food processing industry, today announced that founder and owner Freyr Friðriksson is transitioning from Chief Executive Officer to Chairman of the Board, effective January 9, 2025. Ólafur Karl Sigurðarson, who has served as Deputy CEO since August 2024, has been appointed Chief Executive Officer.

The leadership transition follows a landmark year of expansion for KAPP. In 2024, the company doubled both its workforce and revenues, driven by strategic acquisitions and accelerated international market development.

Freyr Friðriksson, Chairman of KAPP.

Founded 27 years ago by Freyr Friðriksson and his wife Elfa Hrönn Valdimarsdóttir, KAPP has grown from a startup into an international provider of refrigeration solutions, equipment manufacturing, and services for the seafood industry, aquaculture, poultry production, and other industrial sectors. Recent strategic milestones include the acquisition of KAMI Tech Inc. in Seattle, enabling U.S.-based manufacturing, and the acquisition of all assets and patents from the bankruptcy estate of Skaginn 3X, significantly strengthening KAPP's high technology capabilities.

"I founded KAPP with nothing but determination 27 years ago, at just 23 years old. This is not a departure," said Freyr Friðriksson. "I am transitioning to the role of Chairman to oversee the company with a broader strategic perspective. Ólafur Karl is ready to lead KAPP forward, and I have complete confidence in his ability to build on our momentum. His experience positions KAPP well for continued growth, both domestically and internationally."

Under Freyr's leadership, KAPP has systematically expanded its product portfolio and service capabilities, with favorable market response across both domestic and international markets.

Ólafur Karl Sigurðarson brings extensive industry experience to his new role. He spent nine years at Marel, where he held senior leadership positions, including Executive Vice President of the Fish Division and Managing Director of Marel Iceland, and served on the company's Executive Team.

Ólafur Karl Sigurðarson Appointed CEO of KAPP
Ólafur Karl Sigurðarson, CEO of KAPP.

"I am honored by the trust placed in me to lead KAPP into its next chapter," said Ólafur Karl Sigurðarson. "Freyr and his family have built a strong company and a respected brand through resilience, vision, and long-term commitment. Having grown up in a family-run business myself, I understand the importance of preserving that foundation while continuing to innovate and evolve. We are coming off an exceptional year marked by major investments and operational improvements. Integrating multiple companies under the KAPP brand while maintaining stability within each operating unit is a significant undertaking, and our team has executed this transition with great professionalism. The year ahead will focus on building on this strong foundation, deepening customer relationships, optimizing our expanded operations, and continuing our growth trajectory. I look forward to working closely with KAPP's talented team and our customers worldwide.”

About KAPP

KAPP ehf. is an Icelandic technology company specializing in advanced refrigeration, freezing, and processing solutions for the global food processing industry. With operations in Iceland and the United States, KAPP designs, manufactures, and services equipment for seafood processing, aquaculture, poultry production, retail, and other industrial applications. The company's portfolio includes high-performance cooling, chilling, and freezing technologies, processing equipment, and comprehensive service solutions.

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Seafood Expo North America 2026

March 15–17, 2026 · Boston, USA

Thomas M. Menino Convention & Exhibition Center

Where the Cold Chain Never Breaks

KAPP will be exhibiting at Seafood Expo North America & Seafood Processing North America, the leading seafood industry event in North America.

Thousands of seafood professionals gather in Boston each year to connect, exchange ideas, and explore the latest innovations in processing, packaging, and technology.

Join us to discover how KAPP’s chilling, freezing, and processing systems protect product quality and extend shelf life. From the moment seafood is harvested until it reaches the consumer.

Innovation That Protects Quality

KAPP designs and builds advanced systems that ensure precise temperature control and uncompromised product integrity.

Our solutions are trusted worldwide for their efficiency, reliability, and sustainability across seafood, aquaculture, and food-processing industries.

Discover our key technologies:

  • OptimICE® Liquid Ice System – Rapid, energy-efficient cooling that keeps seafood at −0.5 °C / 31.1 °F without freezing.
  • RoteX™ Sub-Chilling™ & Thawing – Patented systems for sub-zero, no-ice chilling (down to −1 °C / 30.2 °F) and precise low-temperature thawing.
  • KAPP Skaginn Freezing Solutions – IQF tunnel and plate freezers operating at −36 °C / −33 °F for maximum yield and product integrity.
  • Kami Tech Systems – Stainless-steel and aluminum food-processing equipment and vessel maintenance, built at Pier 90, Seattle.

Meet the KAPP Team

With headquarters in Iceland and production in Seattle, KAPP delivers chilling, freezing, and processing systems backed by 90 years of engineering excellence.

Our global team provides complete service and support — ensuring the cold chain never breaks from sea to store.

Booth: TBA

March 15–17, 2026

Thomas M. Menino Convention & Exhibition Center, Boston USA

Website: seafoodexpo.com/north-america

This page will be updated.

Date:
March 15, 2026
Region:
North America
Industry

Pacific Marine Expo 2025

November 20–22, 2025 · Seattle, USA

Lumen Field Event Center

www.pacificmarineexpo.com

Where the Cold Chain Never Breaks

KAPP will be exhibiting at Pacific Marine Expo 2025, the largest commercial marine trade event on the U.S. West Coast.

Join us in Seattle to explore how KAPP’s refrigeration and food-processing technologies are shaping a more sustainable and efficient future for the marine and seafood industries.

Together with our team at Pier 90, Seattle, we deliver advanced systems that maintain product quality, optimize energy use, and ensure the cold chain never breaks — from catch to consumer.

Innovation That Delivers Efficiency

Learn how KAPP’s combined expertise is driving cutting-edge solutions for the North American market.

Our portfolio integrates decades of engineering excellence from Iceland and Seattle, offering systems designed to improve yield, quality, and environmental performance.

Discover our technologies:

  • OptimICE® Liquid Ice System – Rapid, efficient cooling that keeps seafood at −0.5 °C / 31.1 °F without freezing.
  • RoteX™ Sub-Chilling™ & Thawing – Precise sub-zero chilling and controlled thawing that protect quality and extend shelf life.
  • IQF Tunnel & Plate Freezers – Compact, energy-efficient freezing systems for maximum yield and product integrity.
  • Kami Tech Solutions – Stainless-steel and aluminum processing equipment and vessel services from Pier 90, Seattle.

About Pacific Marine Expo

Each year, thousands of commercial mariners from across the West Coast and Alaska gather in Seattle to explore new technologies, gear, and innovations.

The expo features hundreds of exhibitors, a three-day education program, and networking events — bringing together the people who power the maritime and seafood industries.

Booth #639

November 20–22, 2025

Lumen Field Event Center, Seattle, WA

Date:
July 26, 2025
Region:
Seattle, Wasthington, United State
Industry
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A stainless-steel OptimICE® slurry ice machine displayed next to a teal banner reading “Data Doesn’t Lie: Why Fishermen Need to Rethink Chilling Systems – Performance Backed by Proof,” with the KAPP Skaginn Kami Tech logo.
A fishing vessel sailing on the ocean next to a teal banner that reads “Recent Research Reinforces: The Cold Chain Starts Onboard – Temperature Control from Deck to Dock,” with the KAPP Skaginn Kami Tech logo.
Slurry ice being poured into a tub filled with fish
Slurry ice chilling fish onboard with water flowing from a hose, alongside KAPP branding and the text “What’s Killing Your Catch Value? Science Says It’s Temperature. Smarter Chilling. Better Seafood.”
Picture of a tub handling system
Increased automation and production capacity GIF
Eskja pelagic plant to maximize its processing capacity GIF
Growing demand for IQF tunnel freezer GIF
Going the distance with the new ValuePump system GIF
Ice-free success with Mowi's sub-chilling system GIF
RoteX on-board bleeding and chilling system ensure supreme product handling GIF
constant Flexible processing deck that ensures product quality GIF
Sustainable and economical cooling solution
Ecofive Ship