M&A Deal Summary

Nomad Foods Acquires Green Isle Foods

On January 17, 2018, Nomad Foods acquired food company Green Isle Foods from Boparan Holdings for 225M EUR

Acquisition Highlights
  • This is Nomad Foods’ 3rd transaction in the Food sector.
  • This is Nomad Foods’ 4th largest (disclosed) transaction.
  • This is Nomad Foods’ 1st transaction in Ireland.

M&A Deal Summary

Date 2018-01-17
Target Green Isle Foods
Sector Food
Buyer(s) Nomad Foods
Sellers(s) Boparan Holdings
Deal Type Divestiture
Deal Value 225M EUR

Target

Green Isle Foods

Kildare, Ireland
website
Green Isle Foods Ltd. is a manufacturer and distributor of a portfolio of leading branded and private label frozen pizzas in the United Kingdom and Ireland.

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Buyer(S) 1

Buyer

Nomad Foods

Feltham, United Kingdom

website


Category Company
Founded 2014
Sector Food
Employees7,318
Revenue 2.6B EUR (2021)
DESCRIPTION

Nomad Foods is a frozen foods company that manufactures and sells frozen foods to grocery retailers. Nomad Foods was founded in 2014 and is based in Feltham, the United Kingdom.


DEAL STATS #
Overall 3 of 6
Sector (Food) 3 of 6
Type (Divestiture) 2 of 5
Country (Ireland) 1 of 1
Year (2018) 1 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-13 Findus Sverige AB

Bjuv, Sweden

Findus Sverige AB is a processing and preserving of fruit and vegetables.

Buy $500M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-04 Aunt Bessie s

Hull, United Kingdom

Aunt Bessie's Ltd. is a frozen food company manufactures, distributes and sells a range of branded frozen food products. Aunt Bessie's was founded in 1995 and is based in Hull, United Kingdom.

Buy €240M

Seller(S) 1

SELLER

Boparan Holdings

Smethwick, United Kingdom

Category Company
Founded 1998
Sector Food
Employees4,587
DESCRIPTION

Boparan Holdings Limited, a food company, processes and supplies chicken products to the retail, food service, and food manufacturing sectors through its subsidiary 2 Sisters Food Group Limited.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
Country (Ireland) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-20 Northern Foods

Leeds, United Kingdom

Northern Foods Limited produces and sells fast food products.

Buy -