Icelandic Group is eyeing brand acquisitions, as well as fishing and farming companies, as its pension fund owners looks to list the group in the future.
The Reykjavik-based company has a strong balance sheet from the disposals of its processing operations in Germany and France and the US and acquisitions are likely to be part of its future strategy, Larus Asgeirsson (pictured), Icelandic Group CEO, told IntraFish.
Management and the company’s pension fund owners, Enterprise Investment Fund (FSI), are working with consultants on a strategy, a project Asgeirsson expects to be completed.
