April 29, 2017 2:07 AM ET

Food Products

Company Overview of Bakkavör Group Ltd

Company Overview

Bakkavor Group Ltd produces and markets fresh prepared foods and produce primarily in the United Kingdom. It manufactures approximately 6,000 fresh prepared foods in 18 product categories. The company’s products include ready meals and snacks, ready to cook meals, dips, pasta, soups, sauces, prepared vegetables, bakery products, sandwiches and wraps, prepared fruits, leafy salads, pizzas, desserts and pastries, stir fries, smoothies, dressed salads, meal salads, and dressings. It also markets fresh produce, primarily trio leaf lettuce, piccolo tomatoes, sweet potatoes, and others. The company sells its products to grocery retailers and foodservice providers. In addition, it engages in the ma...

Tjarnargata 35

Reykjavik,  101

Iceland

Founded in 1986

18,000 Employees

Phone:

354 550 9700

Fax:

354 550 9701

Key Executives for Bakkavör Group Ltd

Co-Founder, Chief Executive Officer, Member of Management Board and Director
Age: 52
Co-Founder and Non Executive Chairman
Age: 49
Chief Financial Officer and Member of Management Board
Age: 60
Chief Operating Officer and Member of Management Board
Age: 49
President of USA
Age: 52
Compensation as of Fiscal Year 2016.

Bakkavör Group Ltd Key Developments

Bakkavör Group Ltd Announces Earnings Results for the First Quarter Ended March 26, 2016

Bakkavör Group Ltd. announced earnings results for the first quarter ended March 26, 2016. Profit attributable to the equity holders of the company was EUR 6 million, compared to a loss attributable to the equity holders of the company of EUR 1.6 million for the same quarter ended March 28, 2015. Revenue was EUR 415.8 million, compared to EUR 410.2 million for the same quarter ended March 28, 2015. Profit before tax for the first quarter ended March 26, 2016 was EUR 6.8 million, compared to a loss before tax of EUR 2.7 million for the same quarter ended March 28, 2015.

Senoble UK Up For Sale;

Senoble UK Limited is known to have has been put up for sale by Senoble SA. N M Rothschild & Sons Limited has been retained to seek buyers. The company is expected to have a price tag of £25 million - £30 million, City sources said. "There are lots of chilled players looking to diversify and there is only so far they can go with their current categories," sources added. "Senoble would broaden the offering while still dealing with the same customer base." The deal could complete as soon as the next four to five weeks, sources added. Bakkavör Group Ltd, Unternehmensgruppe Theo Müller GmbH & Co. KG, Adelie Foods Group Ltd, Greencore Group plc (LSE:GNC) and Endless LLP are known to be interested in Senoble UK.

Bakkavör Group Ltd Reports Earnings Results for the Second Quarter Ended June 27, 2015

Bakkavör Group Ltd. reported earnings results for the second quarter ended June 27, 2015. For the quarter, the company reported profit attributable to equity holders of the parent of GBP 5.3 million compared to GBP 4.3 million for the same quarter ended June 28, 2014. Revenue was GBP 440.9 million compared to GBP 434.2 million a year ago. For the six months, the company reported profit attributable to equity holders of the parent of GBP 3.7 million compared to GBP 3.1 million for the same period ended June 28, 2014. Revenue was GBP 866.4 million compared to GBP 842.1 million for the same period ended June 28, 2014.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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