Sir Malcolm Walker, 71, started Iceland in 1970 with £30. In 2012 he regained control of the business from its Icelandic owners in a £1.5bn buyout, only to be hit by challenging markets in 2014. The South African investment group Brait upped its stake in the business from 20% to 57% in late 2015. This helped Iceland regain its cool; its 884 shops generated sales of £2.8bn in the year to March 2017. The analyst Kantar now puts its market share at 2.2%.

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Company details
Year2017
Rank12
CompanyIceland
ActivityFrozen food retailer
LocationNorth Wales
Sales £m2,792
Profit £m160
Year endMar 17
Principal shareholdersBrait (57%), Malcolm Walker and management (43%)
Staff13,862
Founded1970
Websitewww.iceland.co.uk

If applicable:

* Supplied by company † Annualised figure