Vottun hf. was founded in 1991 by 16 companies and associations of companies in industry, fisheries, commerce and services.
Current shareholders are:
- Staðlaráð Íslands (ÍST - Icelandic Standards)
- Viðskiptaráð Íslands (Iceland Chamber of Commerce)
- Nýsköpunarmiðstöð Íslands (Innovation Center Iceland)
- Samtök fjármálafyrirtækja (Icelandic Financial Services Association)
- Samtök iðnaðarins (The Federation of Icelandic Industries)
- Félag atvinnurekenda (The Icelandic Federation of Trade)
- Alfesca hf.
- Burðarás hf.
- Frumherji hf.
- Icelandic Services ehf.
- Íslensk-ameríska verslunarfélagið ehf.
- Rammi hf.
The organized interest groups among the shareholders represent companies that provide jobs for the majority of the private Icelandic labor market.