The performance and high-quality standards of Isla del rey has called the attention of European companies.
This way, in the year 2000, Bakkavör Group acquired 65% of Isla del Rey. Bakkavör is a food production company which specializes in chilled prepared food and employs over 2,000 people.
Afterwards, in June 2003 Bakkavor Group hf . signed an agreement with Fram Foods hf. on the sale of all of its operations outside the United Kingdom. Bakkavör Group's subsidiaries in Sweden, France, Iceland, Denmark, Finland and Germany and its operations in Chile are acquired now by Fram Foods hf.
Fram Foods hf is among the largest seafood companies in Iceland and is owned by 16 former employees of Bakkavör Group (51%), Kaupthing Bank (30%) and Bakkavör Group (19%). It has an estimated annual turnover of € 60.000.000 and will have 400 employees in seven countries.
These associations have given Isla del Rey access to important distribution channels and secured an outstanding presence in major European markets.