Birds Eye eyes up Findus deal
THE owner of Birds Eye frozen foods is in talks to buy Findus's continental European business.
Birdseye owner is looking to expand
Nomad Holdings, which has just completed a £1.9billion deal for Birds Eye owner Iglo, said it was in exclusive early stage discussions.
There was no guarantee of an agreement which would be not expected to include Findus UK operations.
There are abundant organic and acquisitive growth opportunities available within the consumer foods space. It's a fragmented industry.
New chief executive Stefan Descheemaeker said: "There are abundant organic and acquisitive growth opportunities available within the consumer foods space. It's a fragmented industry."
Private equity-owned Findus is one of Europe's biggest frozen food and seafood companies with over £1billion in annual turnover.