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Innovation, product development, excellent service and equipment

Hjalti Halldórsson, Valþór Hermannsson og Freyr Friðriksson

KAPP buys RAF

KAPP has today 25 April 2023 at the seafood exhibition in Barcelona completed the purchase of all the shares in the high-tech company RAF. The main focus after the merge is even stronger innovation and development of new products and solutions for fish processing and aquaculture, as well as excellent customer service.

“Together, the companies will offer even better services, strengthen the production of the companies’ products and develop new and exciting solutions in the coming years. With KAPP, additional forces will be unleashed as great human resources and experience are combined in these two companies,” says Valþór Hermannson technical director at RAF and former owner, who also joins KAPP’s management team.

“After 12 years of ownership in RAF and good operations in recent years, we believe that now is the right time to sell the company. We have had a very good cooperation with the management of KAPP in recent years, and conversations over the past few months led to the completion of the sale of the company, and we are confident that KAPP is the right person to take over now,” says Hjalti Halldórsson former owner of RAF.

“With this purchase, I see great opportunities for KAPP’s further growth. I believe that the extensive knowledge and experience of the RAF staff as well as the machinery produced by the company will strengthen KAPP to further advance in the Icelandic fishing industry and aquaculture,” says Freyr Friðriksson, owner of KAPP.

“The companies have been cooperating for the past few years, which has always been increasing. The purchase is therefore a natural continuation of that and together the companies will be much stronger and offer more services and a much wider range of products,” says Freyr.

See KAPPs webpage here.
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About us

RAF was founded in 1980 and was originally located in Akureyri but moved entirely to Hafnarfjörður in 2016. Since 2020, RAF has had a branch in Grundarfjörður. As of 25 of April RAF will be moving in to its new owner KAPP. From the beginning, RAF has been guided by offering complete solutions and prioritizing the service.

RAF is a technology company that specializes in machine construction, import and service of equipment for the fishing industry, aquaculture and other industries.

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