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Bakkavör is an international food company, headquartered in the United Kingdom, with operations in the UK, the US and Asia. Bakkavör is majority-owned by Ágúst and Lýdur Gudmundsson, who founded the business in 1986. The head office for Bakkavör is located in London, England.

Latest Insights

Deal or no deal: Frozen sale makes sense for Kerry

Kerry Group is reportedly mulling the sale of its frozen food business. The company has seen strong sales and profit momentum at its ingredi...

Horsemeat saga exacerbates ready meal sales dip

Nearly two months into the horsemeat scandal that has rocked the food industry, UK figures highlighting a sales slowdown in ready meals rais...

Dean Best | 27 Oct 2011

Hain Celestial, the US food maker, is hoping its acquisition of UK chilled foods firm Daniels Group will galvanise its existing business on this side of the Atlantic. The company sees the deal benefiting its operations in Europe and in the US but it is in the UK where it is most likely to be hoping for the greatest impact. Dean Best reports.

Dean Best | 26 Oct 2011

It's been quite a year for own-label supplier Greencore. A plan to merge with UK rival Northern Foods was gazumped by poultry magnate Ranjit Boparan. Greencore then licked its wounds and acquired UK desserts and sandwich maker Uniq. Now, however, the company is the subject of a takeover approach. Dean Best reports. | 10 Dec 2010

The executive changes at Kellogg and Premier Foods plc attracted scrutiny from analysts on Wall Street and in the City this week, France's competition watchdog threatened the country's food retailers with legislation to free up the sector - and X5 Retail Group, Russia's largest retailer, was pleased with its acquisition of discount chain Kopeyka. Here is the best of who said what this week. | 15 Oct 2010

Europe's food retail industry is set for further consolidation, analysts said this week, while speculation continued to grow over the ownership of global dairy brand Yoplait. Here's the best of what was said this week.

Latest Interviews

Dean Best | 8 Apr 2010

Bakkavor, one of the UK's largest own-label food manufacturers, has had a tumultuous 12 months. The company even warned last year about the future of the business as a going concern after it missed a deadline to pay creditors. However, Bakkavor's management is keen to look forward and, speaking to Dean Best in this month's just-food interview, CEO Agust Gudmundsson and CFO Richard Howes maintain a quiet optimism about the company's future.

Latest News

Dean Best | 26 Apr 2017

UK-based private-label supplier Bakkavor is adding jobs at two domestic plants supplying retailer Marks and Spencer.

John Shepherd | 18 Apr 2017

UK-based private-label supplier Bakkavor is creating 100 jobs at its Bourne Prepared Produce business in Lincolnshire.

John Shepherd | 3 Mar 2017

UK-based private-label supplier Bakkavor said today (3 March) it is proposing to close its Welcome Foods ingredients business in Nottinghamshire and is starting talks with all 300 staff employed at the site.

John Shepherd | 16 Jan 2017

UK-based private-label supplier Bakkavor has declined to comment on reports it is preparing to float the company.

John Shepherd | 1 Dec 2016

Bakkavor is stepping up a year-long recruitment push to meet what the UK-based private-label supplier said is continued "increasing demand" for its range of products.

John Shepherd | 10 Nov 2016

UK-based private-label supplier Bakkavor has reported a slight rise in like-for-like sales for the third quarter of the year underpinned by growth in both its domestic and international operations.

Dean Best | 5 Sep 2016

Bakkavor, the UK-based private-label supplier, is looking to employ 40 staff in domestic, full-time roles to meet "growing demand" for its soups and sauces.

John Shepherd | 23 Aug 2016

UK fish products supplier Icelandic Seachill has confirmed it will close a deli plant in the English seaport town of Grimsby at the end of March 2017 with the loss of up to 86 jobs, after losing three private-label contracts from Marks and Spencer.

Dean Best | 11 Aug 2016

Bakkavor, the UK-based private-label supplier, has reported an acceleration in its like-for-like sales in the second quarter, which supported increasing half-year sales and profits.

Katy Askew | 6 Jul 2016

UK fresh prepared foods manufacturer Bakkavor Group has announced the sale of its Belgian fresh prepared food business, Vaco, to Culinor Food Group.

John Shepherd | 24 Jun 2016

UK fish products supplier Icelandic Seachill has briefed employees on proposals to close one of its three plants in the English seaport town of Grimsby with the expected loss of around 200 jobs.

John Shepherd | 15 Jun 2016

Marks and Spencer has moved three private-label contracts from UK fish products supplier Icelandic Seachill with 2 Sisters Food Group, Greencore and Bakkavor each attaining one of the deals.

John Shepherd | 8 Jun 2016

UK private-label group Bakkavor is to create more than 470 new jobs at two of its domestic production plants to meet demand for a range of deli products, ready meals and desserts.

Katy Askew | 12 May 2016

Private-label group Bakkavor has indicated it will "accelerate" its capital investment programme having booked higher earnings for the first quarter of the year. 

Hannah Abdulla | 11 Feb 2016

Annual profits at own-label supplier Bakkavor have jumped on the back of lower charges for the year and higher international sales.

Dean Best | 25 Jan 2016

Bakkavor's chairman and CEO, brothers Lýdur and Ágúst Gudmundsson, have teamed up with US hedge fund The Baupost Group to take control of the UK-based own-label supplier.

Dean Best | 22 Jan 2016

Godiva and McVitie's owner Yildiz Holdings has decided to bring its snacks brands under one unit in a bid to drive growth internationally. Unilever's CEO, Paul Polman, sounded a note of caution about trading conditions in 2016. And sugar was once again in the headlines, driving policy agendas in Europe.

Dean Best | 18 Jan 2016

Bakkavor has put forward plans to cut the workforce and make changes to shift patterns at sites in London.

Dean Best | 24 Nov 2015

Bakkavor, the UK-based private-label supplier, has reported higher nine-month sales and profits despite flat underlying revenue.

Dean Best | 23 Nov 2015

Bakkavor, the UK-based own-label supplier, is adding jobs at a desserts facility in its domestic market.

Hannah Abdulla | 14 Aug 2015

This week's results included an upbeat US snack group Snyder's-Lance reporting higher second-quarter sales and profits, improved half-year revenue and earnings at seafood giant Thai Union and declines at an acquisitive SunOpta.

Katy Askew | 16 Jul 2015

Bakkavor Group has sold the remaining 60% stake it held in Italian pizza business Italpizza to Dreamfood.

Dean Best | 29 May 2015

Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.

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