January 7, 2026

KAPP Announces CEO Transition as Company Continues Global Growth

Global
Other
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.

KAPP Stories

Clear all
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Clear all
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Meet KAPP with Sæplast Americas Inc. at Pacific Marine Expo 2026

KAPP will be co-exhibiting with Sæplast Americas Inc. at Pacific Marine Expo 2026 in Seattle, Washington, from November 19–21, 2026. Visit us at booth #644 to discuss seafood quality, onboard handling and cold-chain solutions for demanding marine operations.

Pacific Marine Expo brings together commercial fishermen, vessel owners, processors, shipyards and marine professionals from across the West Coast and Alaska.

At booth #644, KAPP and Sæplast Americas Inc. will highlight how chilling technology, insulated containers, seafood handling and practical onboard solutions work together to protect product value from harvest to processing.

KAPP brings expertise in refrigeration, slurry ice, onboard and onshore processing systems, automation and service — with a strong presence in Seattle and deep connection to the North American seafood industry.

Focus areas:
OptimICE® rapid cooling and slurry ice
Seafood handling and cold-chain performance
Onboard and onshore refrigeration solutions
Processing and automation systems
Service and support from KAPP’s Seattle presence
Integrated product-quality solutions with Sæplast

Attending Pacific Marine Expo? Contact us to schedule a meeting with KAPP and Sæplast Americas Inc. at booth #644.

Event details:
Pacific Marine Expo 2026
November 19–21, 2026
Seattle Convention Center Arch Building
Seattle, Washington
Shared booth with Sæplast Americas Inc.: #644

Date:
November 19, 2026
Region:
North America
Industry

Meet KAPP Norway AS at Nor-Fishing 2026

KAPP Norway AS will be exhibiting at Nor-Fishing 2026 in Trondheim, Norway, from August 18–20, 2026. Visit us at booth A-104 to discuss solutions for seafood quality, processing efficiency and reliable cold-chain performance.

Nor-Fishing is one of the most important international meeting places for the fisheries industry, bringing together vessel owners, seafood processors, aquaculture companies, technology providers and industry partners.

At booth A-104, KAPP Norway AS will be available to discuss solutions for onboard and onshore operations — from rapid chilling and controlled thawing to freezing, processing automation, raw material flow and service support.

Our focus is on helping seafood companies preserve quality, increase value and improve efficiency throughout the production process.

Focus areas:
Onboard and onshore chilling
OptimICE® rapid cooling
RoteX Thawing®
Freezing and processing systems
Automation and product handling
Service, upgrades and technical support

Get in touch to book a meeting with KAPP Norway AS during Nor-Fishing.

Event details:
Nor-Fishing 2026
August 18–20, 2026
Trondheim, Norway
KAPP Norway AS booth: A-104

Date:
August 18, 2026
Region:
Europe
Industry

Meet KAPP at IceFish 2026

KAPP will be exhibiting at IceFish 2026 in Kópavogur, Iceland, from September 22–24, 2026. IceFish brings together the fisheries, aquaculture and seafood processing industries, making it an important meeting place for companies looking to improve quality, efficiency and value throughout the cold chain.

Visit KAPP to discuss solutions for chilling, freezing and processing — from onboard handling and rapid cooling to onshore processing, thawing, freezing, automation and service.

Our team will be available to talk about how the right temperature control, gentle product handling and reliable service can help seafood producers protect raw material quality, improve yield and run more efficient operations.

Featured focus areas:
Chilling | Freezing | Processing
OptimICE® slurry ice systems
RoteX Thawing®
IQF and plate freezing solutions
Automation, tub handling and processing systems
Service, parts and long-term support

Planning to attend IceFish? Contact us to schedule a meeting with the KAPP team.

Event details:
IceFish 2026
September 22–24, 2026
Kópavogur, Iceland
KAPP booth: B12

Date:
September 22, 2026
Region:
Europe
Industry
Clear all
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
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