Össur was founded in 1971 by Össur Kristinsson, as a small prosthetics workshop and later became a global leader in non-invasive orthopaedics, including prosthetics, braces, and mobility technologies.Eyrir became a major shareholder in Össur in 2005, and was holding for the following 7 years 20-25% share in the company. In that period the revenue increased from $124 million to $400 million. This success was driven by strong organic growth and multiple bolt-on acquisitions to strengthen product offering and market access. At the same time the company was delivering high teens EBITDA throughout economic cycles. Thordur Magnusson, served as Vice-Chair in the board of directors of the company.

Today, EMBLA Medical is a home to Össur, a leading global provider of prosthetics and bracing. To EMBLA belong as well brandslike Fior & Gentz, an innovative developer of neuro orthotics, and College Park, a brand that is a designer and manufacturer of lower limb prosthetics. Revenues of EMBLA Medical are close to $1Billion with employees around 4000 servicing Europe, Americas and APAC.