
The SIF Group's predecessor, the Union of Icelandic Fish Producers (Sölusamband íslenzkra fiskframleiðenda), was founded in July 1932. It was established against a background of trading difficulties for producers, in an effort to ensure reasonable prices for fish exports.

Acquisition of Labeyrie Group
SIF Group has put an added emphasis on food production in Europe and has separated its manufacturing and trading activities. As part of this strategy, SÍF Group acquired the French food producer Labeyrie Group in October 2004. This acquisition was made to strengthen the company’s market position for chilled food products to retailers in European. With this acquisition SIF becomes a powerful food production Group in Europe. At the same time the company sold its subsidiary in the USA making Europe its primary market place. As a consequence of this new strategy, trading activities of the SÍF Group will be transferred into a separate corporate entity.
The acquisition of Labeyrie Group and the changes being made to SÍF at the same time represent a landmark in the company’s history.
Corporate Focus
To sharpen the focus in the SIF Group’s operations, a distinction has been made between its final-processed production and traditional seafood sales, with the latter being handled by a special subsidiary. In future, SIF’s traditional seafood sales all over the world will be carried out under the name Iceland Seafood. As before, company will continue in its aim to be a leading supplier of fresh, frozen and salted seafood from Icelandic producers, using its marketing facilities in Iceland, Britain, France, Germany, Lithuania, Poland, Italy, Spain, Greece, Canada and the USA.
The main emphasis at Iceland Seafood is on traditional sales of seafood products for further processing, and to wholesalers, distributors, caterers and other parties that resell them under their own brands.
Contact Info
Head Office
Fornubudir 5
PO Box 20
222 Hafnarfjordur
Iceland
Tel.: +354 550 8000
Fax: +354 550 8001
E-mail: sif@sif.is
Website: www.sifgroup.com
Other SIF Group Offices
More Info
SIF Group's News Archive
SIF Group's Newsletters
SIF Group's Financials Statements