On 1 January 1992 merger of three fishing companies, Ísfélag Vestmannaeyja hf. Bergur-Huginn hf. and Hraðfrystistöð Vestmannaeyja hf. under the name Ísfélags Vestmannaeyja hf. Until that time, had all these companies separately have length but excellent story.
The activities of Ísfélags Vestmannaeyja Ltd is multifaceted and well equiped especially in recent years. The company makes a strong fishing operations runs two fishing vessels and two freezing plants and fishmeal.