About us

Our experience comes from building an operating business. The founder co-founded Bakkavör in 1986 and led it as Chief Executive Officer, growing it into one of the largest fresh prepared food producers in the UK. Bakkavör was acquired by Greencore in January 2026, and the family is now the second largest shareholder in the combined group.

What we bring beyond capital is a network built over four decades of operating and investing across Iceland, the UK and continental Europe: customer introductions, supplier relationships, and the occasional door that is easier for us to open than for our partners.

We invest our own capital. That means no fund structure and no exit deadlines, so we can back a business for as long as it deserves backing.
BEHIND PEKRON

Our team

Our values

01
Our own capital

Every euro Pekron invests belongs to the family. We have no outside investors to answer to and no fund cycle to manage, so our interests are aligned with our partners' from the first conversation onward.

When we say we are comfortable with a decision, it is because we are carrying the same risk.

02
Respect for what has been built

We invest in companies that are already working, and we take minority stakes by choice. Our starting assumption is that the people who built the business understand it better than we do.

We ask questions, we offer a view, and we support the management team rather than replacing it.

03
Useful beyond the capital

Money is the easy part of an investment. We spend three decades' worth of operating and investing relationships across Iceland, the UK and Europe on behalf of the companies we back: customer introductions, supplier contacts, and advice from people who have run a business through a hard year rather than only modelled one.

INVESTMENTS

Businesses that already work

We invest in established companies with a proven financial track record: businesses that are already working, and now need capital to take a next step or to navigate a change of ownership between generations. We take minority stakes, and we back management rather than replacing it.

Calm capital for people building for the long term

In a market often driven by pressure, speed, and overstatement, Pekron offers a different kind of partnership: steady, thoughtful, and built on trust.

We invest in profitable, unlisted companies across Europe, the United Kingdom, and the United States. We back businesses with proven models, investing alongside management through buy-outs or growth capital, with alignment and partnership at the centre.

We invest in Icelandic commercial real estate through our dedicated subsidiary, Laki, developing, leasing, and managing well-located, professionally run spaces for businesses operating in Iceland. (TAKE OUT)

Laki

Laki is our commercial real estate company, investing in, developing and leasing well-located space across Iceland: nurseries and care homes, retail and service premises, offices, hotels and industrial property. It applies the same patience we bring to our direct investments. We hold property for what it becomes, not what it trades for.

Nursery in Elliðaárdalur, Reykjavík. Built for the City of Reykjavík, which will lease the building.
50+
Projects Completed
14 200
Square meters
of sold space
90+
Rent rate
200+
Satisfied customers