Eyrir became the principal shareholder in Marel in 2005, marking the beginning of a transformative period in the company’s history.  Arni Thordarson served as Chairman of the Board of Marel from 2005 to 2013 before assuming the role of CEO for the following decade. Marel with a clear vision and passionated team evolved into a global leader in food processing solutions and services.

Between 2005 and 2023, Marel increased revenues from €129 million to €1.7 billion. This growth was driven by a strong focus on continues innovation, customer proximity and strategic acquisitions that reshaped both the company and the industry.

Over the same period, Marel transformed its service model from reactive to proactive and ultimately preventive one. Recurring service revenues grew from approximately 10% of total revenues in 2005 to nearly 50% by 2023, strengthening customer relationships and improving business resilience for the value chain and the company.

A key source of pride throughout this journey has been the ability to unite a diverse international team behind a clear vision and strong values. Guided by passion and purpose, Marel expanded from 700 to 7,000 employees across more than 30 countries, while delivering shareholder returns in line with leading global market indices. At the beginning of 2025, JBT Marel Corporation was formed through the merger of JBT and Marel, bringing together a global team of approximately 12,000 employees with a shared vision to transform the future of food. JBT Marel Corporation is targeting revenues of $4 billion in 2026, with shares listed on the NYSE and Nasdaq Iceland. The merger was fully supported by Eyrir as Marel’s principal shareholder.

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.

Fokker was founded by the aviation pioneer Anthony Fokker in 1919. The company became GKN Fokker in 2015.

GKN Aerospace is a leading tier-one supplier in the aerospace industry, generating revenue of GBP 3.6 billion in 2025 and employs 16,000 people across 12 countries. Fokker was originally part of the Dutch conglomerate Stork, which was acquired and delisted from Euronext Amsterdam with the participation of Eyrir in 2008, in a private equity consortium. Concurrently, Stork Food Systems was sold to Marel. During the involvement of Eyrir in Fokker, Arni Thordarson served as a non-executive director, initially within the Stork group and later with the independent entities Fokker Technologies and Stork Technical Services.

The spin-off of Fokker and other operating units was initiated to achieve a clear focus and participate in the ongoing consolidation in the respective industries of those entites. At the time of Fokker’s acquisition by GKN in 2015, the company had approximately 4,000 employees in the Netherlands, US, and Mexico, and achieved an annual revenue of around €750 million.