M&A Deal Summary

Nomad Foods Acquires Findus Sverige AB

On August 13, 2015, Nomad Foods acquired food company Findus Sverige AB from Findus for 500M USD

Acquisition Highlights
  • This is Nomad Foods’ 2nd transaction in the Food sector.
  • This is Nomad Foods’ 3rd largest (disclosed) transaction.
  • This is Nomad Foods’ 1st transaction in Sweden.

M&A Deal Summary

Date 2015-08-13
Target Findus Sverige AB
Sector Food
Buyer(s) Nomad Foods
Sellers(s) Findus
Deal Type Divestiture
Deal Value 500M USD

Target

Findus Sverige AB

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

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Buyer(S) 1

Buyer

Nomad Foods

Feltham, United Kingdom

Category Company
Founded 2014
Sector Food
Employees6,993
Revenue 3.0B EUR (2023)
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, England.


DEAL STATS #
Overall 2 of 6
Sector (Food) 2 of 6
Type (Divestiture) 1 of 5
Country (Sweden) 1 of 1
Year (2015) 2 of 2
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-20 Iglo Foods Holdings

Feltham, United Kingdom

Iglo Foods Holdings Ltd. is a food company.

Buy €2.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-17 Green Isle Foods

Kildare, Ireland

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.

Buy €225M

Seller(S) 1

SELLER

Findus

London, United Kingdom

Category Company
Founded 1945
Sector Food
DESCRIPTION

Findus is a frozen food group and one of Europe’s overall food manufacturers. Through its Young's and Findus brands, category leaders within the UK, the Nordic region, and France, the Group's portfolio of leading brands is unmatched in its strength and awareness with consumers in its core markets. Findus was founded in 1945 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-08 La Cocinera

Vevey, Switzerland

La Cocinera provides frozen foods.

Buy -