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 The British Virgin Islands (BVI), officially the Virgin Islands, are a British Overseas Territories, British Overseas Territory in the Caribbean, to the east of Puerto Rico and the United States Virgin Islands, US Virgin Islands and north-west ...

. In 2015, Nomad acquired the Iglo Group. Five countries – the UK, Italy, Germany, France and Sweden – 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 and Martin E. Franklin. Its shares were listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

. 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 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 (UK Parliament constituency), Felt ...

, England, from

Permira Permira Holdings Limited is a British global investment firm specialised in buyouts, growth funds, equity funds, and credit funds. Founded in 1985 as part of Schroders, it became independent in 1996. Operating as Permira since 2001, the company ...

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 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 London Stock Exchange 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, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

. In April 2018, Nomad Foods completed its purchase of Goodfella's Pizza, previously owned by 2 Sisters Food Group, for €225 million, and in June 2018, it agreed to acquire British frozen food maker Aunt Bessie's 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 Čitluk from Bosnia and Frikom 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 Permira companies