Icelandic Group PlcReykjavik, Iceland

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Icelandic Group Company Description

Bright young things with fish for sale, Icelandic Group sources and markets frozen fish and shrimp for wholesale markets. The company has operations in other countries through local subsidiaries. Three-quarters of its fish products are sold frozen to retail and foodservice distributors. The company adds some additional value to about nearly 70% of its products in the form of breading or marinades. In the UK it operates Coldwater Seafood (value-added frozen seafood products), and a majority stake in Seachill Ltd. In the US, the company operates a seafood processing plant and the Ocean to Ocean shellfish exporter. The company has netted much of its recent growth through acquisitions around the world.

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The Company Description provides a historical perspective of Icelandic Group's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Icelandic Group's evolution in the marketplace.

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