Birds Eye Foods, the business behind the eponymous frozen food business in the US, is planning a share issue worth US$350m to pay off debt.


The Delaware-based group, in which private equity group Vestar Capital Partners owns a 55% stake, announced the plans to go public late last week.


In figures released with the filing, Birds Eye Foods said net sales grew 7.8% to US$936m in fiscal year 2009, which ended 27 June. Consolidated adjusted EBITDA jumped 7.2% to $150m.


Birds Eye Foods owns the Birds Eye and Steamfresh trademarks in the US, with other manufacturers holding the trademarks elsewhere.


In the UK, Birds Eye is owned by private equity firm Permira.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now