Shares in the UK’s Big Food Group climbed 8% in value yesterday [Monday] after market speculation suggested recent difficult trading conditions could trigger a takeover move for the company.

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


Big Food Group, which owns frozen food retail chain Iceland and cash-and-carry business Booker, recently posted a slide in first-quarter like-for-like sales. The company has been suffering as a result of heightened competition in the UK retail sector following the takeover of Safeway by rival supermarket chain Morrisons.


Some traders said there had been renewed speculation that Icelandic retail group Baugur may be considering increasing its 22% stake in Big Food Group, reported Reuters.

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