Icelandic Group
Food industry company news
Latest Articles

Seachill seen as good catch for UK meatpacker Hilton - analysis
23 Oct 2017
Hilton Food Group's acquisition of Seachill, announced last week, confirmed the UK meat processor's interest in the local seafood group, which raised a few eyebrows in the industry when a deal was first mooted back in August. Andy Coyne analyses why Hilton has moved for the owner of The Saucy Fish Co. and diversified into a new sector.

UK meatpacker Hilton moves into seafood with acquisition of Seachill
18 Oct 2017
Hilton Food Group, the UK meatpacking company which supplies major retailers, has made a lateral acquisition by buying seafood business Icelandic Food Group, which trades as Seachill, for GBP80.8m (US$106.3m).

Hilton Food Group eyes further international expansion
12 Sep 2017
UK meat packing business Hilton Food Group has indicated that it would be keen to team up with major retailers in new markets on the back of the success of existing partnerships.

Hilton Food Group in talks to buy Icelandic Seachill
2 Aug 2017
UK meat processor Hilton Food Group is in negotiations with The Icelandic Group to buy its local seafood business Icelandic Seachill.

Samherji's Seagold acquires Seachill UK deli site
5 May 2017
UK-based seafood imports firm Seagold, a subsidiary of Icelandic seafood company Samherji, has bought a fish processing site in the UK seaport town of Grimsby from Icelandic Seachill.

Young's Seafood silent on 'interest in Icelandic Seachill'
28 Apr 2017
Young's Seafood has declined to comment on a report it could be among potential suitors casting their nets to acquire the UK-based Icelandic Seachill, owner of The Saucy Fish Co. brand.

Icelandic Group to sell Saucy Fish Co. brand owner Seachill
21 Apr 2017
The Icelandic Group is to sell its UK fish products business Icelandic Seachill, owner of The Saucy Fish Co. brand.

Icelandic Group sells fish subsidiary Ný-Fiskur
12 Dec 2016
Icelandic Group has sold off its fish subsidiary Ný-Fiskur to fellow Iceland-based seafood business Nesfiskur but retained ownership of the Iceland Seafood trade mark.

Icelandic Group sells Spanish business to suppliers
9 Sep 2016
Icelandic Group said today (9 September) it has agreed to sell its Spanish subsidiary to Solo Seafood – which is owned by a group of seafood companies in Iceland that are among the subsidiary's main suppliers.

Icelandic Group selling Spanish business
18 May 2016
The Iceland Enterprise Investment Fund has begun a formal process to sell Icelandic Group's Spanish subsidiary Icelandic Iberica.

CANADA: High Liner Foods net earnings up on lower financing costs
21 Feb 2014
High Liner Foods has booked an increase in full-year earnings thanks to "significantly lower" financing and one-time costs.
UK: Icelandic Seachill proposes end of ready meal production
12 Feb 2014
Seafood group Icelandic Seachill has set out plans to end ready-meal production in the UK, a move that could lead to 250 staff losing their jobs.

CANADA/US: Seafood group High Liner expands production
22 May 2013
Canada-based frozen seafood manufacturer High Liner Foods is investing US$6.6m in the expansion of its manufacturing site south of the border in Virginia.

UK: Seafood firm Icelandic Group restructures UK operations
9 May 2013
Icelandic Group, the owner of The Saucy Fish Co., is merging the management teams within its UK operations in a move it claims would increase its competitiveness in the country.

NORWAY: The Saucy Fish Co. launches in Norway
4 Mar 2013
Seafood processor Icelandic Group is launching its UK chilled brand The Saucy Fish Co. in Norway.

CANADA: Icelandic Group deal boosts High Liner Foods
9 Nov 2012
Costs related to last year's acquisition of Icelandic Group hit High Liner Foods' bottom line but the new addition helped drive operating profit and sales in the third quarter.
CANADA: High Liner H1 profits plummet on acquisition costs
9 Aug 2012
Canadian seafood processor High Liner Foods saw its in half-year net profit plummet on the back of costs related to the acquisition of Icelandic Group.
US: High Liner snaps up Icelandic's US, Asian operations
22 Nov 2011
High Liner Foods, the Canadian seafood processor, has secured the acquisition of Icelandic Group's operations in the US and Asia.
CANADA: High Liner in talks to buy Icelandic US, Asian units
28 Oct 2011
Canadian seafood company High Liner Foods is in talks to buy the US and Asian operations of rival Icelandic Group.
ICELAND: Icelandic Group lands Asgeirsson as CEO
7 Oct 2011
Fish processor Icelandic Group has hired Lárus Ásgeirsson as the new CEO of the company.
ICELAND: Seafood firm Icelandic Group to sell French, German units
3 Jun 2011
Icelandic Group, the seafood processor, has struck a deal to sell its operations in France and Germany to a consortium of private investors.

Quote, unquote: just-food's week in words
3 Jun 2011
Spain's farmers, hit financially amid the e.coli outbreak in Europe, have been vocal in their criticism of Germany's health authorities, which wrongly placed the blame for the contamination on Spanish cucumbers. Elsewhere on our pages this week, we shone a spotlight on the debate around GM, one of the most divisive topics in the industry. Meanwhile, Wal-Mart Stores, McCormick and Icelandic Group all hailed the benefit of separate transactions to their businesses, although Spain's Ebro Foods was left to reflect on its failed bid to buy Australian rice maker SunRice.
ICELAND: Seafood processor Icelandic Group posts 2010 profit dip
1 Apr 2011
Icelandic Group, the seafood processor, has posted a fall in annual profits, hit by operating costs and a higher tax bill.
ICELAND: Seafood firm Icelandic appoints advisor for strategic review
17 Mar 2011
Seafood processor Icelandic Group, which supplies the likes of Tesco and Marks and Spencer, has appointed financial advisors to review the "strategic alternatives" for the business - including possible disposals.
CANADA: High Liner Foods reaffirms interest in Icelandic Group assets
11 Feb 2011
Canadian seafood processor High Liner Foods has reaffirmed its interest in assets owned by Icelandic Group after it emerged that the Iceland-supplier's talks to sell its production operations to a rival suitor had fallen through.

Editor's choice: the highlights on just-food this week
7 Jan 2011
Here are the top stories on just-food this week.
CANADA: High Liner Foods bids for seafood firm Icelandic Group
5 Jan 2011
Canada-based seafood group High Liner Foods has made a EUR340m takeover bid for Icelandic Group, a seafood supplier to retailers including Tesco and Marks and Spencer.
Most Popular
Insights
- Candle left burning on Danone trajectory
- The fermentation flurry in plant-based meat
- Where is UK snack-bar market headed?
- Big Food's VC-style funds: the investments so far
- Plant-based meat's health challenges
News
- US suspends tariffs on UK imports
- Second activist speaks out on Danone exec changes
- 'Pressure mounts over Danone executive selections'
- Former Premier Foods CEO enters new role
- Tesco makes "healthy, sustainable diets" pledge
Market research
- Take-Home and Bulk Ice Cream (Ice Cream) Market in Chile - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
- Meal Kits (Prepared Meals) Market in the United Kingdom - Outlook to 2023: Market Size, Growth and Forecast Analytics
- Meal Kits (Prepared Meals) Market in South Korea - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
- United Arab Emirates In-depth PESTLE Insights
- PT Indofood Sukses Makmur Tbk - Strategy, SWOT and Corporate Finance Report