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Suppliers · Producer · Discovered — similar established company

LYSI

From its early beginnings, LYSI’s operations have been based on the production of cod liver oil. The company has followed the evolution almost from the time when fish oil was used for lamps, to when it became the source of vitamins A and D, and finally to the discovery of the health benefits of omega-3 fatty acids. Intensive research activities Throughout the years LYSI has initiated and …

active IcelandEurope Founded 1938 UnlistedEmployees: 65 checked 2026-10-05

Profile

Industry
Food ingredients
Topics
Vitamins, carotenoids & nutraceutical actives
Role
Producer — “…ss products. Core business: manufacturing and distributing health-focused products worldwide, anchored by trus…”
Why it is bioeconomy
LYSI is a long-standing Icelandic company specializing in the production and processing of marine oils, including cod liver oil and omega-3 supplements for human consumption.
Found via
[Rubric] Iceland · aquaculture; [Rubric] Iceland · lipase-oils

Bio-solutions it supplies 0

Not yet cited as a supplier in a graded solution.

What they offer

Subsidiaries: Akraborg · IceFish

News & status 6

  • 2025-09 Latest status: The company was acquired by Brim in September 2025. ↗ ↗ ↗
  • Status review: active — Acquired by Brim hf. (board approval 2026-06; cleared by the Icelandic Competition Authority 2026-07/08); operates as a Brim subsidiary (Icelandic parent, in scope).
  • 2026-08-11 Kaup Brims á Lýsi ekki talin raska samkeppni | Samkeppniseftirlitið
    The decision states that Brim’s acquisition of all shares in Lýsi and its subsidiaries did not show evidence of harming competition; the merger was concluded in the first phase with no objections or need for further investigation. Lýsi is a producer of omega-3 …
  • 2026-07-29 Icelandic Competition Authority clears Brim acquisition of Lýsi - The Fishing Daily - Irish, UK and European Fishing Industry News
    The article states that Lýsi hf. is a health-products company specializing in omega-3 fish oil and related products, which Brim hf. acquired in a vertical merger that the Icelandic Competition Authority cleared in Phase 1, finding no foreclosure or competition …
  • 2026-06-03 The Board of Directors of Brim hf. approves the acquisition of Lýsi hf. | Brim
    Brim hf. has approved acquiring all shares of Lýsi hf. for a total price of ISK 20 billion, to be paid half in cash and half in Brim shares (117,647,058 Brim shares, ~6% of Brim, price ISK 85/share), with completion contingent on regulatory approvals and …
  • 2026-09-22 Lýsisframleiðsla dregst saman á heimsvísu – Audlindin
    Lyseeproduction (Lýsi) has fallen globally, with production of fish meal down 49% and lampfish/lysi down 30% in the first half of 2026, driven mainly by reduced catches in Peru and Chile and weaker harvests in Africa and North Europe. In China, demand for …
  • 2026-06-01 Brim kaupir Lýsi á lægra verði
    Brim hf. has approved buying all shares of Lýsi hf. for 20 billion ISK, renegotiated from the original price due to debt and financing terms, with half payment in cash and half in Brim shares at 85 ISK per share, giving sellers about 6% of Brim after …
  • 2026-06-02 Brim’s Lýsi acquisition ready to go through - FiskerForum
    Brim intends to acquire Lýsi hf for about ISK 20 billion, with payment partly in Brim shares; the deal has board and Competition Authority approval and is expected to strengthen Lýsi’s raw-material sourcing and Brim’s position in the seafood value chain.

Network: owners, partners, peers

Ownership & investors 3

parentindependent
subsidiaryAkraborg
subsidiaryIceFish

Partners & deals 1

counterpartyBrim
…The company was acquired by Brim in September 2025.…

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