Arion Bank’s shareholdings in non-banking operations

Information on the assets below can be obtained from the Corporate Finance division of Arion Bank unless otherwise specified.

Ámundakinn ehf.

Arion Bank has a 5.61% ownership stake in Ámundakinn for sale. The company leases real estate and is involved in the operation of companies in its field of activity. The company owns a number of properties, including in Blönduós, Hvammstangi and the district of Skagafjörður, all in northern Iceland.

Orf líftækni hf.

Arion Bank has a 3.69% ownership stake in Orf líftækni for sale. The company conducts research and development in biotechnology, particularly plant biotechnology. The purpose of the company also includes the production and purification of biochemicals using biotechnological methods, the development and sale of products derived from them, as well as the sale of expertise in this field.

Bioeffect ehf.

Arion Bank has a 3.69% ownership stake in Bioeffect for sale. The company uses revolutionary biotech methods to restore, maintain and improve skin health.

Nox holding ehf.

Arion Bank has a 0.8% ownership stake in Nox Holding for sale. The company is a holding company which manages a shareholding in Nox Health Group Inc. which provides comprehensive sleep health solutions, equipment and services via its subsidiaries: Nox Medical, SleepCharge and Fusion Sleep.

Carbon Recycling International

Arion Bank has a 4.37% ownership stake in CRI for sale. CRI’s proprietary technology represents a globally leading solution that enables the sustainable synthesis of methanol from carbon dioxide and hydrogen. The resulting methanol can be utilized as a renewable energy carrier or in chemical products.

Blikastaðaland ehf.

Landey, a subsidiary of Arion Bank, has the company Blikastaðaland ehf. for sale. It is the owner of the 98-hectare development site Blikastaðaland, one of the largest undeveloped pieces of land in the capital city area. The area is expected to have around 3.600 residential units, a mixture of multi- and single famlily dwellings, plus 150 apartments for people aged 55 and above, schools, sports facilities and commercial property covering 66,000 square metres. Under the agreement with Mosfellsbær, Blikastaðaland ehf. will take part in the development of infrastructure in the area. For further information see blikastadaland.is.

The stated ownership share of the Bank is subject to change as displayed on this website at any given time.