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Focus: How Findus acquisition would benefit Nomad

Since Nomad Holdings announced it had acquired European frozen food firm Iglo Group, the market has been waiting for the investment firm's n...

Nomad's post-Iglo opportunities

Nomad Holdings, the recently-established, UK-listed company set up by FMCG veterans Martin Franklin and Noam Gottesman to buy consumer goods...


Ben Cooper | 31 Oct 2014

A new Europe-wide initiative launched by leading frozen foods company Iglo Group seeks to promote how home freezing and ready-frozen food can help address the worrying issue of food waste. Ben Cooper reports.


Katy Askew | 29 Apr 2014

Europe's largest frozen food maker, Iglo Group, has developed a strategy that takes the emphasis off the functional aspects of frozen food and instead focuses on taste and quality. This subtle redefinition of its offering is likely to pay dividends but Iglo would also be wise to remember the fundamental appeal of the freezer aisle.


Dean Best | 26 Mar 2012

It was a week in which bold predictions were made on commodity costs, consumer confidence and M&A but, as Dean Best writes, uncertainty shrouds all three topics.

Latest Interviews

Katy Askew | 17 Jul 2014

European frozen food maker Iglo Group, the owner of brands like Birds Eye, is working to change the way people think about frozen food in a bid to double its size by 2020. The strategy, which was announced last year, puts innovation and a "new approach" to marketing front and centre. Katy Askew spoke to Birds Eye UK marketing director Margaret Jobling to find out more.

Latest News

Hannah Abdulla | 31 Mar 2016

Nomad Foods today (31 March) booked falls in sales and profits on a pro-forma basis for the fourth quarter of 2015.


Dean Best | 16 Nov 2015

Nomad Foods, the frozen food giant, said today (16 November) it expects to be able to generate more savings from its recent acquisition of much of Findus Group's operations in Europe than it had expected.


Dean Best | 1 Sep 2015

A deal for Green Giant could be nearing with claims US group B&G Foods is in advanced talks to buy the business from General Mills. Elsewhere, eight companies have expressed interest in Australia's Brownes Dairy, while one sale that was announced this week was the acquisition of European snack bar maker VSI by US co-packer Hearthside Food Solutions. And one story that caught your attention was upstart US egg-free mayo maker Just Mayo coming under fire from the country's food watchdog.


Hannah Abdulla | 27 Aug 2015

Nomad Foods CEO Stéfan Descheemaeker has said the frozen food group's half-year results "were in line with expectations" despite lower sales.


Dean Best | 14 Aug 2015

Russia this week said it would extend its restrictions on food imports to four more countries. In India, the ban on Nestle's Maggi noodles was overturned - although the products will have to be tested again. In the US, Kraft Heinz Co. announced plans to cut 2,500 jobs, while co-investor Warren Buffett cooled talk over a bid - in the short term at least - for Mondelez International. And in Europe, Nomad Foods struck a deal to buy Findus Group's operations in seven markets.


Dean Best | 13 Aug 2015

Nomad Foods, the new owner of frozen food business Iglo Group, is set to expand its business in the sector with a deal to acquire Findus Group assets in Europe.


Hannah Abdulla | 10 Jul 2015

This week, PepsiCo reported on its second quarter numbers and its conference call detailed its plans to prepare for a tough second half to the year. Elsewhere Hostess Brands' owners insisted they were not looking for an IPO or a sale at present. animal abuse and McCain announced an A$10m investment at a Tasmania plant. Here is the week in quotes.


Dean Best | 10 Jul 2015

PepsiCo issued its second-quarter results this week - and upped its annual earnings forecast. The company's shares fell, amid concerns the second half of the year will prove more challenging. Under-pressure US group Boulder Brands, fresh from the departure of its CEO, announced restructuring plans likely to lead to 15% of jobs being cut. French dairy group Sodiaal announced another move in China, while we analysed the impact Russia's import restrictions have had on domestic companies.


Dean Best | 9 Jul 2015

Nomad Foods, the UK-listed holding company that recently acquired frozen food giant Iglo Group, plans to sell shares in the business to generate funds for more acquisitions.


Katy Askew | 3 Jun 2015

Nomad Holdings, the investment vehicle that recently snapped up Iglo Group, confirmed it is in “exclusive” negotiations over a purchase of Findus Group's continental European assets.


Katy Askew | 13 May 2015

Nomad Holdings, the investment vehicle that recently acquired Iglo Group, has appointed former Delhaize executive Stéfan Descheemaeker as its CEO.


Dean Best | 24 Apr 2015

The EUR2.6bn sale of European frozen food giant and Birds Eye owner Iglo Group grabbed the headlines this week - and we looked at where the new owners - Nomad Holdings - could look next. Blue Bell Creameries, the US ice cream maker linked to a fatal listeria outbreak, was in the spotlight for very different reasons, pulling all its products from the market after fresh tests.


Hannah Abdulla | 24 Apr 2015

This week, Associated British Foods reported its annual results and revealed it struggled with competition in the UK and Australian bakery sectors. US consumer goods rookie acquired Birds Eye owner Iglo Group. Hershey had its first quarter results out which demonstrated troubles in uptake of chocolate in China. And Blue Bell announced it was pulling all its products off US shelves after fresh tests found more listeria-ridden products. Here is the week in quotes.


Hannah Abdulla | 20 Apr 2015

Iglo Group's private-equity parent Permira has confirmed it is to sell the business for EUR2.6bn (US$2.84bn) to newly-established US consumer goods group Nomad Holdings.


Hannah Abdulla | 20 Apr 2015

Iglo Group has refused to comment on speculation private-equity owner Permira is to sell the Birds Eye owner to recently-formed US-based consumer goods group Nomad Holdings.


Dean Best | 9 Feb 2015

Iglo Group has added to its Birds Eye range in the UK with a line it said hopes to help time-poor consumers looking for flavours from around the world.


Dean Best | 17 Dec 2014

Frozen food maker Iglo Group will roll out the Marine Stewardship Council's ecolabel to its certified wild fish products in Europe in response to growing consumer demand for sustainably sourced fish.


Dean Best | 28 Nov 2014

European frozen food manufacturer Iglo Group has decided to stop selling products in three countries - Romania, Slovakia and Turkey.


Katy Askew | 26 Sep 2014

European frozen food manufacturer Iglo Group today (26 September) reported stagnant second-quarter sales but said it had seen market share gains in seven out of the 12 markets in which it operates.


Katy Askew | 1 Sep 2014

Iglo Group is launching a new line of Birds Eye Steamfresh frozen vegetable, pasta and rice products throughout the UK in a bid to capitalise on what it describes as the "current trend" for steam cooking.


Katy Askew | 27 Aug 2014

Iglo Group has restarted production at its Findus manufacturing facility in Cisterna, Italy, after a fire at the plant disrupted operations.


Dean Best | 21 Jul 2014

For the first time since 1998, upmarket chocolate maker Lindt & Sprungli this week made an acquisition, snapping up US firm Russell Stover Candies - and we analysed the deal. Our interviews pages included hearing from the boss of Birds Eye UK about its plans to change consumer perception of frozen food, while we launched Bitesite, an interview section focused on SMEs in the sector.


Katy Askew | 23 Jun 2014

Permira, the private-equity owner of frozen food maker Iglo Group, is reportedly considering listing the business.


Katy Askew | 29 Apr 2014

Higher one-time costs, lower sales and weaker margins meant Iglo Group booked a sharp jump in losses during 2013.

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