A mystery investor is to pay EUR48.3m (US$75.5m) for a 12.6% stake in Icelandic food group Alfesca.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company said yesterday (27 May) that a “significant non-Icelandic investor” is to snap up a tranche of new shares in the business.


Alfesca was coy over the details of the planned transaction but said the deal would be completed “in the coming weeks”.  “Further details will be announced in due course,” the company added.


Last week, Alfesca, which makes a range of products from seafood to snacks, posted a 20.3% rise in third-quarter profits. Sales were up 7.1%. 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now