Bakkavör

Icelandic food manufacturing company

Bakkavör logo

Bakkavör Group is a leading international manufacturer of fresh prepared foods, headquartered in Reykjavík, Iceland. The company specializes in the production of ready meals, salads, desserts, and other fresh food products. Bakkavör operates in several countries, with a significant presence in the United Kingdom, where it supplies major retailers and supermarkets.

History

Bakkavör was founded in 1986 by brothers Ágúst and Lýður Guðmundsson in Iceland. Initially, the company focused on producing and exporting fish products. Over the years, Bakkavör expanded its operations and diversified its product range to include a variety of fresh prepared foods.

In the 1990s, Bakkavör began to acquire other food companies, which helped it to grow rapidly and enter new markets. The acquisition strategy was a key component of Bakkavör's growth, allowing it to expand its product offerings and increase its market share.

Operations

Bakkavör operates over 40 factories across the UK, China, and the United States. The company employs thousands of people and is known for its commitment to quality and innovation in food production. Bakkavör's product range includes ready meals, salads, soups, sauces, dips, and desserts, catering to a wide variety of consumer tastes and preferences.

The company's UK operations are particularly significant, as Bakkavör supplies many of the country's leading supermarkets, including Tesco, Sainsbury's, and Marks & Spencer. Bakkavör's focus on fresh, high-quality ingredients and its ability to quickly adapt to changing consumer trends have been key factors in its success.

Sustainability and Innovation

Bakkavör is committed to sustainability and reducing its environmental impact. The company has implemented various initiatives to minimize waste, reduce energy consumption, and source ingredients responsibly. Bakkavör also invests in research and development to create innovative products that meet the evolving needs of consumers.

Corporate Structure

Bakkavör is a publicly traded company, listed on the London Stock Exchange. The company's leadership team is focused on maintaining its position as a leader in the fresh prepared foods industry while continuing to explore opportunities for growth and expansion.

Related pages

• Food industry
• Ready meal
• List of companies of Iceland