Festi hf, formally N1 hf, is a holding company, which engages in the management of companies relating to retail and sale of fuel. It operates through the following segments: N1, Hlekkur, Real Estate, and Other. The N1 segment includes operations of the companies comprising the Group before the acquisition of Hlekkur. The Hlekkur segment consists of the management of grocery stores, electrical appliance stores, and other operations. The company was founded in April 2007 and is headquartered in Kopavogur, Iceland.
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