[citation needed] Icelandic Water Holdings was established in April 2004 by a group of private investors led by former media entrepreneur Jon Olafsson.
In the United States, it is distributed by Anheuser-Busch Inbev, which took a 20% ownership stake in the company in July 2007.
[1][2][3] Since then, Icelandic Glacial distribution has expanded to other territories including Australia, the United Kingdom, Republic of Ireland, the Netherlands, France, Russia, Canada, Peru, Singapore, South Korea, and China.
[4] Icelandic Glacial uses natural renewable energy in the form of geothermal power to fuel production.
The company implements a shipping policy from its mid-Atlantic location that uses otherwise empty cargo slots for shipments of product to the US and mainland Europe.