Who owns Iceland Spring?
Iceland Spring is owned by Bera (Iceland, Nasdaq Iceland: BERA), which has owned the brand since 2023.[1]
Bera owns 51% of Iceland Spring rather than all of it.
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Ölgerðin — About us, Ölgerðin Egill Skallagrímsson ehf. Last checked .
Key facts
- Current owner
- Bera hf. (51% stake) reported
- Owned since
- Owner HQ
- 🇮🇸 Iceland, Reykjavík
- Origin
- 🇮🇸 Iceland
- Category
- Beverages › Soft drinks › Bottled water
- Parent ticker
- Nasdaq Iceland: BERA
- Last verified
- · 1 sources
About Iceland Spring
Iceland Spring bottles still water from a spring the company owns outright and carries on its balance sheet as an asset that is never depreciated. It is sold mainly abroad and, with Collab, makes up the bulk of the group's export revenue. The group raised its holding from 40 to 51 per cent in 2023, which turned the business from an associate into a subsidiary; the remaining 49 per cent is held by others.
Ownership timeline of Iceland Spring
Where Iceland Spring sits in Bera
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Bera ownership tree →
See the full Bera brand portfolio (9) →
Other brands owned by Bera
Bera controls 9 brands on Brandtree, 9 of them in beverages.
Also in beverages
- Boli
- Borg Brugghús (2010)
- Brennivín
- Collab (2023)
- Egils Appelsín (1955)
- Egils Gull (1989)
- Egils Kristall (1994)
- Egils Malt (1913)
Other brands in bottled water, and who owns them
The 123 brands in bottled water on Brandtree belong to 74 owners. The largest is Spadel, with 5; Bera has 2.
About the owner: Bera
Bera is a publicly listed company headquartered in Reykjavík, Iceland, founded in 1913. Brandtree records 9 brands under its control, and it is listed as Nasdaq Iceland: BERA.
Bera is the listed Icelandic drinks group that Tómas Tómasson started on 17 April 1913 as Ölgerðin Egill Skallagrímsson, brewing in two basement rooms with a 65-litre kettle. It is Iceland's largest producer of both alcohol-free and alcoholic drinks and owns several of the oldest brand names in the country. Shareholders approved the change of name from Ölgerðin Egill Skallagrímsson hf. to Bera hf. on 26 February 2026 and Nasdaq Iceland made the switch on 4 March 2026; Ölgerðin continues as one of the group's operating companies alongside Danól, Collab, Iceland Spring, Kjarnavörur and Gæðabakstur, the last two having joined on 1 December 2025. Revenue for the year to 28 February 2026 was up 7.3 per cent with EBITDA of ISK 5,007 million.
🇮🇸 Iceland Spring and other Icelandic brands
Brandtree records a controlling owner for 32 brands that began in Iceland. 2 of them (6%) are now controlled by a company headquartered in another country; Iceland Spring is not one of them.
- Air Atlanta Icelandic — Air Atlanta 🇮🇸
- Bananar — Hagar 🇮🇸
- Eimskip — Eimskip 🇮🇸
- Eitt Sett — Nói Síríus 🇮🇸
- Icelandair — Icelandair 🇮🇸
- Kerecis — Coloplast 🇩🇰
Frequently asked questions
Who is the parent company of Iceland Spring?
The parent company of Iceland Spring is Bera, a publicly listed company headquartered in Iceland.
Is Iceland Spring Icelandic?
Yes. Iceland Spring originated in Iceland and its owner, Bera, is also headquartered in Iceland.
Since when has Bera owned Iceland Spring?
Bera has owned Iceland Spring since 2023.
Is Iceland Spring still owned by Bera?
Yes. As of 22 September 2026, Iceland Spring is still owned by Bera (51% stake). The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Ölgerðin — About us — Ölgerðin Egill Skallagrímsson ehf., Official document; retrieved 22 September 2026.
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