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May 26, 2015 3:45 AM ET

Food and Staples Retailing

Company Overview of Iceland Foods Ltd.

Company Overview

Iceland Foods Ltd. owns and operates food retail stores in the United Kingdom. It offers frozen, chilled, fresh, and other food products, as well as grocery products and drinks. The company also sells its products online; and through other stores, as well as wholesalers and partners in Europe, the Middle East, and Africa. In addition, it exports own label and branded products internationally. The company was founded in 1970 and is based in Flintshire, United Kingdom. Iceland Foods Ltd. operates as a subsidiary of Oswestry Acquico Ltd.

Second Avenue

Deeside Industrial Park

Deeside

Flintshire,  CH5 2NW

United Kingdom

Founded in 1970

Phone:

44 1244 830 100

Fax:

44 1244 814 531

Key Executives for Iceland Foods Ltd.

Founder, Chairman and Chief Executive Officer
Age: 68
Finance Director and Director
Age: 50
Executive Director for People and Customers
Executive Counsel
Buying Director
Compensation as of Fiscal Year 2014.

Iceland Foods Ltd. Key Developments

Iceland Foods Plans to Open Between 50 and 60 New Stores in Ireland

Iceland Foods announced that it plans to open between 50 and 60 new stores in Ireland, which would create more than 1,000 new jobs, is being held back by difficulties acquiring suitable sites.

Co-Operative Food Ends The Talks With Iceland

The Co-Operative Food ended the talks with Iceland Foods Ltd for sale of its Falkland Square store in Crewkerne. The Co-operative Food, Spokesman said, "We can confirm that negotiations with Iceland regarding the potential sale of our Falkland Square store in Crewkerne have now ended, and that the sale will not be proceeding. The store will remain open and will continue to trade as normal, and we look forward to continuing to serve the local community."

Iceland Foods To Acquire 50 Stores In Ireland

Iceland Foods Ltd. is planning to acquire 50 outlets in Ireland. The spokerperson of Iceland Foods said, "We are confident of our ability to compete effectively in the Republic as we do throughout the UK. In due course we see the potential for 50-plus Iceland stores in the Republic of Ireland." Malcolm Walker, Chief Executive Officer of Iceland Foods said, "We see great opportunities for growth in Ireland and taking direct control of these stores will help us to ensure that we offer the best value and the highest standards of service to our valued Irish customers. It will also help us to accelerate the expansion of the business, creating new Irish jobs, more opportunities for Irish suppliers and making our unique branded products available to more people throughout the country."

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