Every year, IntraFish does a list of the top seafood companies in Europe.

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Icelandic Group has been a fixture of this list for the last few years, as it grew through a series of acquisitions.

The group had sales of as much as €1.46 billion ($1.9 billion) in 2006.

As Eva Tallaksen and I completed the report in May last year, we were both sure this was going to be the last year Icelandic Group would be on the list.

When the story broke in December that a German private equity fund, Triton Partners, was looking to buy the group as a whole, I thought maybe Icelandic Group could continue to exist.

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