About Hagar

Company Description

Hagar is a leading retailer in the Icelandic market and operates 37 stores within 2 grocery retail chains as well as 2 warehouses. Furthermore Hagar operates through Olís 25 gasstations throughout the country, as well as 42 ÓB stations. Hagar's companies are all operated as individual businesses and therefore have diverse operating models and cultures. Hagar's core activities are in the grocery sector and the company owns two of the country's largest grocery retailers, Hagkaup and Bónus, as well as support service companies in the fields of purchasing and distribution. In addition, Hagar operates a specialty product division within Hagkaup and the ZARA clothing store in Smáralind.

Year founded

2003

Served area

Iceland

Headcount

2,200

Shareholder information

Shares outstanding

1,132,676,082

IPO

Dec. 16, 2011

Stock exchange(s)

Nasdaq Iceland

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