Nomad Foods is an American-British frozen foods company, with its headquarters in the United Kingdom. The company's jurisdiction of incorporation is the

British Virgin Islands ) , anthem = "God Save the King" , song_type = Territorial song , song = "Oh, Beautiful Virgin Islands" , image_map = File:British Virgin Islands on the globe (Americas centered).svg , map_caption = , mapsize = 290px , image_map2 = Brit ...

. In 2015, Nomad acquired the

Iglo Iglo is a frozen food brand based in the United Kingdom, with products sold across the European continent. It is owned by Nomad Foods Europe, which also owns the rights to the Birds Eye brand in the United Kingdom and Ireland, and Findus across E ...

Group. Five countries – the UK,

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...

Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...

France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...

and

Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...

– accounted for a combined 75% of its total sales in 2016.

History

Nomad Foods was founded on 1 April 2014 as an investment vehicle without operational business by

Noam Gottesman Noam Gottesman (born May 1961) is a New York City-based, British-American businessman, former hedge fund manager, and co-founder of GLG Partners. He later entered the restaurant industry, investing in establishments including Eleven Madison Par ...

and Martin E. Franklin. Its shares were listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

. On 20 April 2015, Nomad Holding announced it would acquire the

Group (with its brands Iglo,

Birds Eye Birds Eye is an American international brand of frozen foods owned by Conagra Brands in the United States, by Nomad Foods in Europe, and Simplot in Australia. The former Birds Eye Company Ltd., originally named "Birdseye Seafood, Inc." had be ...

and Findus in Italy), based in

Feltham Feltham () is a town in West London, England, from Charing Cross. Historically part of Middlesex, it became part of the London Borough of Hounslow in 1965. The parliamentary constituency of Feltham and Heston has been held by Labour Party MPs ...

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

England England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe b ...

, from

Permira Permira is a global investment firm. Founded in 1985, the firm advises funds with assets under management of €60+ billion. The Permira funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Ser ...

for €2.6 billion. 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 subsequently purchased the

Findus Findus () is a frozen food brand which was first sold in Sweden in 1945. Findus products include ready meals, peas and Crispy Pancakes, the latter of which were invented in the early 1970s. The Swiss food company Nestlé owned the Findus brand ...

Group in November 2015. 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

to the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...

. In April 2018, Nomad Foods completed its 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 Aunt Bessie's Limited (until 2008 known as Tryton Foods Ltd) is a UK producer of frozen food products under the brand name Aunt Bessie's. The company produces frozen Yorkshire puddings, potato products, meal accompaniments, ready meals, vegeta ...

for €280 million. In January 2021, Nomad Foods went into exclusive talks with Fortenova Grupa over their frozen food business, which includes Ledo Plus from Croatia, Ledo Citluk from Bosnia and

Frikom Frikom (full legal name: ''Industrija smrznute hrane Frikom d.o.o. Beograd'') is a Serbian maker of ice cream, which also sells frozen fruit, vegetables, fish, and pastries. History Frikom was established on 16 March 1976 in Belgrade, SFR Yugos ...

from Serbia. The transaction has been completed in September 2021 at about €615 million.

References

External links

* {{Authority control Multinational food companies Food manufacturers of the United Kingdom Companies listed on the London Stock Exchange Manufacturing companies established in 2014 Food and drink companies established in 2014 2014 establishments in the British Virgin Islands