Nomad Foods snaps up UK frozen-food brand Aunt Bessie’s for EUR240m
Nomad Foods is paying EUR240m (US$281.6m) for fellow frozen food manufacturer Aunt Bessie's as the UK firm's acquisition trail continues.
Findus Group
The food industry in 2016 – the trends that will drive M&A
Looking to 2016, it seems likely many of the trends that drove a bumper year of deal-making will persist over the next 12 months - consolidation, health, simple foods and emerging markets.
The year in review – the news that shook the food industry in 2015
The creation of Kraft Heinz was the stand-out M&A story of the year, although there were plenty of other significant deals, including JBS's move for European meat group Moy Park, the sale of Quorn Foods to Philippines-based Monde Nissin and Nomad Foods' two transactions in European frozen food. Elsewhere, Nestle was rocked by the Maggi recall in India, while it and a number of other companies - including Hershey - suffered amid China's economic slowdown.
Nomad Foods eyes more savings from Findus deal
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.
Findus brand re-enters two categories in France
Findus Group is re-entering the pizza and shellfish categories in France, another move from the business to diversify its range in the country.
Food industry news of the week – Green Giant, Just Mayo, VSI
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…
Food industry news of the week – Russia ban, Maggi ruling, Findus
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…
Nomad Foods strikes deal to buy Findus Europe assets
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.…
Nomad in share offer to raise M&A funds
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. The group yesterday…
Food industry quotes of the week – Divine Chocolate, Nomad, Abbott
This week, Nestle said it was withdrawing its Maggi noodle brand in India after a food safety scare that has seen local authorities insist the product has elevated levels of…
Deal or no deal: 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 next deal to help its ambition of building…
