Samherji’s foreign operations sold to son of CEO

Baldvin Thorsteinsson, the new CEO and owner of Alda Seafood Holding

Samherji’s foreign operations, which are under Alda Seafood Holding, are being sold by the company to Baldvin Thorsteinsson, the CEO of Alda Seafood and the son of Samherji CEO Thorsteinn Mar Baldvinsson.

Baldvinsson is one of the largest shareholders of Samherji and has served as the company’s CEO for several years, barring a brief period when he stepped aside from the position during investigations into Samherji’s involvement in the so-called “Fishrot scandal.” Thorsteinsson, meanwhile, has managed Alda Seafood for “the past few years” as the CEO of Alda Seafood Holding, according to a press release from Samherji.

Alda Seafood owns assets involved in the fishing industry in Europe and North America, which prior to the sale were operated as a subsidiary of Samherji ... 

Photo courtesy of Samherji/Eythor Arnason


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