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Company nameBakkavör Group hf.
Company typePrivately held company
IndustryFood processing
HeadquartersReykjavík, Iceland
Key peopleÁgúst Guðmundsson (CEO), Lýdur Guðmundsson (Chairman of the board)
Productsready meals, soups, sauces, prepared fruits, vegetables and salads, breads, sandwiches, desserts
Revenue£1.618 billion (2008)
Operating income(+) £22.1 million (2008)
Net income(-) (£153.9 million) (2008)
Employees19,930 (2008)

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Bakkavör Group hf. is an Icelandic international food manufacturing company specialising in fresh prepared foods and produce. The group operates 66 factories and employs over 20,000 people in nine countries with a pro-forma turnover in 2007 of £1.5 billion. The group’s head office is in Reykjavík. The company was listed on the Iceland Stock Exchange under the ticker BAKK prior to April 2010.

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