Nordic presence in Portugal

Vinnslustöðin (VSV)

Salt Cod Processing

Icelandic fishing and seafood-processing company from the Westman Islands (Vinnslustöðin hf., Vestmannaeyjar). In Portugal it owns the salt-cod processor Grupeixe – Produtos Alimentares, S.A. (NIF 503087580, Ílhavo), acquired in 2019, and holds VSV Portugal, Unipessoal, Lda (NIF 513350527, Gafanha da Nazaré). In summer 2026 its Portuguese arm bought a second Ílhavo processor, ESBAL – Empresa de Secagem de Bacalhau, S.A. (NIF 502485337), which makes dried, dehydrated and frozen salted fish.

OriginIceland
HQVestmannaeyjar (Westman Islands), Iceland (Vinnslustöðin hf.)
In Portugal since2019 (acquisition of Grupeixe)
ActivitySalting, drying and freezing of cod and other salted fish (bacalhau)
PT entityGrupeixe – Produtos Alimentares, S.A. — NIF 503087580 — 3830-553 Ílhavo
Other PT entitiesVSV Portugal, Unipessoal, Lda — NIF 513350527 — Gafanha da Nazaré; ESBAL – Empresa de Secagem de Bacalhau, S.A. — NIF 502485337 — Ílhavo (acquired 2026)
Target marketPortugal

Corridor footprint

Icelandic fishing and seafood-processing company from the Westman Islands (Vinnslustöðin hf., Vestmannaeyjar). In Portugal it owns the salt-cod processor Grupeixe – Produtos Alimentares, S.A. (NIF 503087580, Ílhavo), acquired in 2019, and holds VSV Portugal, Unipessoal, Lda (NIF 513350527, Gafanha da Nazaré). In summer 2026 its Portuguese arm bought a second Ílhavo processor, ESBAL – Empresa de Secagem de Bacalhau, S.A. (NIF 502485337), which makes dried, dehydrated and frozen salted fish.

Why this matters

Vinnslustöðin sits inside the Portugal ↔ Scandinavia business corridor that NorthSouth HQ tracks every day. Its operations are a data point in the broader story of how capital, goods, people and ideas flow between Portugal and the Nordics — a corridor that is accelerating in 2026.

Know this company? If you work at Vinnslustöðin or Grupeixe or have verified information about its corridor activity, email miguel@fractio.se and we’ll update this page.

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