Stodir hf.

Hatun 2b
105 Reykjavik, Iceland
Phone: +354-591-4400
Fax: +354-591-4401
http://www.stodir.is

Overview

Stodir invests primarily in companies in the property, financial services, and retail industries. Formerly named FL Group, the company previously focused on aviation and travel-related investments. It sold its stakes in Icelandair and AMR (the parent of American Airlines) and changed its strategy to focus on financial and property investments. Its current portfolio includes stakes in Iceland-based real estate firm Landic Property and insurance company HM. In 2008, the company was set to acquire a 39% stake in retail investment group Baugur in a share swap when Baugur sold off its Iceland assets and the deal with Stodir was called off. Soon after, Stodir filed for bankruptcy.

Key Numbers from Hoover's UK

Key financials for Stodir hf.

Company Type Public (OMX Iceland: FL)
Fiscal Year-End March#
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Key People from Hoover's UK

Key people and executives for Stodir hf.

Chairman Ingibjörg S. Pálmadóttir
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CEO Jon Sigurdsson
Head of Corporate Communications Julius Thorfinnsson
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