Nomad Holdings Acquires European Fish Sticks Maker
London-based Nomad Holdings Ltd. entered into an agreement to acquire Iglo Foods Holdings Ltd., a UK-based frozen food processor, from a company backed by the Permira funds, subject to customary closing conditions. Upon closing, Nomad intends to change its name to Nomad Foods Ltd.
Iglo Group boasts sales across 12 countries, with a specific focus on markets in the United Kingdom, Germany and Italy, where the company maintains manufacturing operations. The company’s brands include Birds Eye in the UK and Ireland, Iglo in Germany, Austria, the Netherlands and other continental European markets, and Findus in Italy. With more than 1,000 SKUs across the fish, vegetables, meat, meals and other categories, Iglo Group maintains a strong track record of operational excellence and execution through its four manufacturing plants and five primary distribution centers.