Icelandic Group PLC. founded in 1942 is now a truly international seafood company with operations in 14 countries where it operates processing, sales and marketing companies that serve the food service as well as the retail markets with frozen and fresh products. The subsidiaries are in the United States, Great Britain, Germany, France, Japan, Spain, Norway, Denmark, Korea, China and Iceland. The Group sources from all over the world and it is the largest buyer of frozen seafood products from Iceland.