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
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

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 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 -