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The rise of Nomad Foods

What US companies might Nomad Foods buy?

What US companies might Nomad Foods buy?

Within a year of being established, Nomad Foods has made waves in Europe's frozen food sector, snapping up Iglo Group and agreeing a deal for much of Findus Group's assets. The UK-listed company is eyeing opportunities in the US. Stefan Kirk, just-food's M&A columnist and advisor at M&A consultants Glenboden, puts forward some possible targets for Nomad.

M&A Watch – Nomad’s post-Iglo opportunities

M&A Watch – 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 firms, made its first move this week with the acquisition of European frozen food supplier Iglo Group. Stefan Kirk, just-food M&A columnist and advisor at Glenboden, weighs up where Nomad could move next.

UPDATE: Iglo Foods sold to Nomad for EUR2.6bn

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. Press speculation surrounding the deal emerged…