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Bakkavor Group Limited is a manufacturer of fresh prepared foods, specialising in developing private label products for top global grocery retailers and international foodservice operators.
Bakkavor was founded in 1986 by the two brothers Ágúst and Lýdur Gudmundsson, to manufacture and export cod roe to Scandinavia. By 1996 Bakkavör had become a medium-sized company selling processed fish products direct to European retailers. Over the next decade the company focused on expanding its operations internationally into fresh prepared foods markets, and by 2008 had acquired a number of businesses in the UK, Europe, Far East and US. Its largest acquisition was Geest plc in 2005.
The UK is Bakkavor's largest market by turnover, with over 33 facilities and over 16,000 employees. Sales in 2014 were £1.52 bn. The company's UK businesses primarily supply own-label fresh prepared foods products to all the major grocery retailers in the UK across categories such as ready meals, pizzas, desserts, leafy salads, convenience salads, dips, soups, sauces, prepared fruit and vegetables.