UK: Foodvest now Findus Group; gets new CEO

By | 1 June 2009

The company behind the Findus and Young's brands in the UK ushered in a new chief executive today (1 June) with the arrival of ex-Numico baby food boss Chris Britton.

Britton replaced former CEO Per Harkjaer, who will leave the business in the "next few weeks" due to "differing perspectives" with private equity owner Lion Capital on how to manage the business.

Foodvest has also been renamed as Findus Group and will comprise the Findus, Young's and The Seafood Co. businesses.

The group will focus on "greater synergy between the operating companies", it said.

Lion Capital bought Foodvest last July and it acquired Young's, the UK's largest branded seafood group, The Seafood Co., a producer of private-label seafood and the continental operations of Findus, the leading frozen food business in Scandinavia.

The UK rights to the Findus brand moved to Foodvest in April three months after the holder of the manufacturing licence in the country went into administration.

Sectors: Frozen, Meat & poultry, Retail, Seafood

Companies: Young’s

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