Icelandic Group
Building on over seventy years of expertise in the Icelandic fisheries, Icelandic Group is today one of the 5 largest seafood companies in Europe and one of the 10 largest worldwide. Icelandic Group employs approximately 3,700 people worldwide and has an annual turnover of about Euro 1 billion.
Icelandic Group is uniquely positioned in the seafood sector with its international network of independent production and marketing companies in Europe, North America and Asia. Offering a wide variety of fresh, chilled and frozen seafood products and services on a global scale, Icelandic Group’s core business is focused on value added processing of seafood, mostly ready meals for retail and food service.
Icelandic Group has three main business segments; primary processing, value added processing, and sales and marketing, representing 6%, 69% and 25% of total sales respectively. On the production side, the Group operates processing plants in the US, UK, France, and Germany focused on value added products, in particular for private label products for retail markets and foodservice. The sales and marketing platform is focused on promoting Icelandic branded products on all major markets, most notably in UK, Spain and Japan. In addition, Icelandic Group is also involved in primary processing of raw material in Iceland, China and Thailand.