Bakkavör is an international food manufacturing company specialising in fresh prepared foods. The group's head office is in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

, England. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pa ...

, and was part of the

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index from early 2018 to 2020. It was listed 27th in the 2015 Sunday Times Top Track 100.

History

Bakkavör was founded in 1986 by the two brothers Ágúst and Lýður Guðmundsson to manufacture and export

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. They expanded the business by selling

convenience foods Convenience food, also called tertiary processed food, is food that is commercially prepared (often through processing) to optimise ease of consumption. Such food is usually ready to eat without further preparation. It may also be easily por ...

. The company acquired Katsouris Fresh Foods in 1997 and Geest in 2005. Following the

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, Bakkavör became heavily indebted, forcing the Guðmundsson brothers into emergency talks with the company's bondholders. The Guðmundsson brothers' advisors,

Deloitte Deloitte Touche Tohmatsu Limited (), commonly referred to as Deloitte, is an international