Unilever has refused to be drawn on fresh reports that it is looking to sell its Findus frozen food business in Italy.

A report in The Financial Times said the consumer goods giant is planning to send out “an information memorandum” within the next two weeks.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Talk of a planned sale first emerged late last year but a spokesman for Unilever’s business in Italy declined to comment on what he termed as “rumours”.

Findus Italy makes ready-meal versions of classic Italian dishes, such as carbonara and bolognese. It was the only part of Unilever’s European frozen food operations that the company kept when it sold Birds Eye and Iglo to Permira, the UK-based private equity group, for EUR1.7bn in 2006.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact