US frozen-food firm Overhill Farms has confirmed it is evaluating a number of approaches over potential joint ventures, acquisitions or “other transactions”.

Overhill revealed yesterday (13 August) it has received “expressions of interest” from “several parties”, which remain unnamed. 

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The private-label frozen food group, which recently gained the licence to manufacture the Boston Market brand, said that it has appointed Piper Jaffray & Co to advise it on the best means to maximise shareholder value. 

Shares in Overhill rose 16.83% on the New York stock exchange today, climbing to $4.65 per share at time of press. 

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