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

Go deeper with GlobalData

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 - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact