Nomad Foods Ltd Ipo

Nomad foods ltd ipo

Nomad foods ltd ipo

Nomad Foods is a UK-headquartered frozen foods company. The company's jurisdiction of incorporation is the British Virgin Islands.[2] In 2015, Nomad acquired the Iglo Group.

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Five countries – the UK, Italy, Germany, France and Sweden – accounted for a combined 75% of its total sales in 2016.

History[edit]

Nomad Foods was founded on 1 April 2014 as an investment vehicle without operational business by Noam Gottesman and Martin E.

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Franklin. Its shares were listed on the London Stock Exchange.

Nomad foods ltd ipo

On 20 April 2015, Nomad Holding announced it would acquire the Iglo Group (with its brands Iglo, Birds Eye and Findus in Italy), based in Feltham, London, England, from Permira for €2.6 billion.[3] On 1 July 2015 Nomad Holdings completed the acquisition and renamed itself to Nomad Foods.

Permira holds a 9 percent stake in the new company.

Nomad foods ltd ipo

Nomad subsequently purchased the Findus Group in November 2015.[4][5] The acquisition meant Findus' operations in Italy owned by Iglo were reunited with those in the rest of continental Europe and Scandinavia under the same ownership.

In January 2016, the company moved its listing from the London Stock Exchange to the New York Stock Exchange.[6]

In April 2018, Nomad Foods completed it's purchase of Goodfella's Pizza, previously owned by Two Sisters Foods Group, for EUR225 million, and in June 2018, it agreed to acquire British frozen food maker Aunt Bessie's for €280 million.[7]

References[edit]

External links[edit]

Nomad foods ltd ipo