Iceland, the frozen-food specialist, used to be part of the Big Food Group until Baugur’s inter-vention in February. The Icelandic private-equity firm acquired BFG in_x000D_
a £326m deal and sold Iceland to another investment group. Iceland has more than 700 stores across Britain and Ireland with 250 also selling fridges and freezers. It is headed by Malcolm Walker, the founder who has returned after a four-year absence. The Deeside firm notched up annualised sales of £1,472m in 2004, which makes it a new entry in the Top Track 100. It made an operating loss of £8m.
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